Sphere of influence
The object of economics, according to J.S. Mill, is that sphere of man's action that is involved in the pursuit of wealth. However, Lionel Robbins supplanted this definition of economic sciences by arguing that, "Economics is the science which studies human behavior as a relationship between given ends and scarce means which have alternative uses"
Events and trends on the local national and global sphere are heavily interrelated. The local scale makes up the national. In turn, the national makes up the global. The global then comes full circle and influences the local.
There are several reasons why the system of mercantilism became a "growth orientated".The three major reasons were the following:A. Colonialism expanded, thus creating new export and raw material resources; andB. The ability of home country industries to stay up to date with manufacturing technologies; andC. The ability of the home country to use its military power to maintain its colonies and expand its sphere of economic control over weaker countries.
Without a strong economy we cannot have a strong military, w/o a strong economy we have a diminished sphere of influence in the rest of the world. Furthermore, a strong economy enhances your way of life. Jobs are created, new technology emerges, your standard of living increases among other things. A strong economy also helps to boost our economic partners by building up their economy. This is a win-win for everyone because a stronger global economy pushes humanity forward with great success, enabling a better future for all.
Sphere of influence
A sphere of influence is an area were foreign nations What_is_a_sphere_of_influencespecial rights and economic privileges.Read more: What_is_a_sphere_of_influence
economic imperialism
A hemisphere can also be referred to as a "half sphere."
In the nineteenth century, the public sphere referred to spaces where individuals gathered to discuss societal issues and politics, such as coffee houses or newspapers. The private sphere, on the other hand, involved activities and relationships within the domestic realm, such as family life and personal matters. There were clear boundaries between these spheres, with women traditionally confined to the private sphere while men engaged more in the public sphere.
1937
The spherical map of the earth is referred to as a "Globe".
During great depression
Colony, protectorate, sphere of influence, and economic imperialism.
Sphere of Influence and Economic Imperialism
Sphere of Influence and Economic Imperialism
"Bumps" on bones, spherical or not, are generally referred to with the term "process".