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The business boom of the 1920s made people overly confident therefore, they invested their money in risky STOCKS and deals. In addition, BANKS made careless loans and soon failed when people could not pay them back. Third, businesses produced more goods than were wanted and they could not sell or make a profit. Lastly, human workers / jobs were becoming replaced by machines and people could not find WORK.

The business boom of the 1920s made people overly confident therefore, they invested their money in risky stocks and deals. In addition, banks made careless loans and soon failed when people could not pay them back. Third, businesses produced more goods than were wanted and they could not sell or make a profit. Lastly, human workers / jobs were becoming replaced by machines and people could not find work.

The north was COMMUNIST, the south was capitalist, which was DETERMINED by their supporter states, the USSR and the US after INDEPENDENCE in 1954, and however, this DIVISION was only meant to be temporary, with ELECTIONS to re-unify the country.

The north was communist, the south was capitalist, which was determined by their supporter states, the USSR and the US after independence in 1954, and however, this division was only meant to be temporary, with elections to re-unify the country.

1- EUROPE (remember ITALY, French, UK and Germany are 4 world's power) 2- USA 3- China.

2006 GDP FIGURES from the CIA World Fact BOOK, in Trillions of dollars, purchasing power parity:

European Union: 13.080

United STATE: 13.060

China: 10.210

Prior to 2005, and probably back to 1942, the United State surpassed the EU.

1- Europe (remember Italy, French, UK and Germany are 4 world's power) 2- USA 3- China.

2006 GDP Figures from the CIA World Fact book, in Trillions of dollars, purchasing power parity:

European Union: 13.080

United State: 13.060

China: 10.210

Prior to 2005, and probably back to 1942, the United State surpassed the EU.

Such analysis allows the firm to determine at what level of operations it will break even (earn zero profit) and to explore the relationship between volume, costs, and PROFITS. It helps the management that at current costs of products how MANY numbers of units must be sold to recover the cost of producing the product.

For Example: If you spend, $200 on producing a product and selling price is $20 then you must SALE 10 units to recover the cost of product.

Such analysis allows the firm to determine at what level of operations it will break even (earn zero profit) and to explore the relationship between volume, costs, and profits. It helps the management that at current costs of products how many numbers of units must be sold to recover the cost of producing the product.

For Example: If you spend, $200 on producing a product and selling price is $20 then you must sale 10 units to recover the cost of product.

Tourism is an upcoming INDUSTRY because it is GENERATING HIGH level of INCOME, nowadays it is third number of high income generating industry.

Tourism is an upcoming industry because it is generating high level of income, nowadays it is third number of high income generating industry.

There is an old saying that if you FAIL to plan, you are planning to fail. By acting on this, strategic MANAGEMENT actually gives the organization direction, a sense of identity and unity TOWARDS what the business goal. Therein lays the continued importance of strategic management towards business success.

Every business has a VISION and a mission. Strategic management takes into consideration both of these. Strategic management helps in achieving the ORGANIZATIONAL goals in an effective

There is an old saying that if you fail to plan, you are planning to fail. By acting on this, strategic management actually gives the organization direction, a sense of identity and unity towards what the business goal. Therein lays the continued importance of strategic management towards business success.

Every business has a vision and a mission. Strategic management takes into consideration both of these. Strategic management helps in achieving the organizational goals in an effective

SOCIOLOGY ENABLES US to understand the structure and dynamics of SOCIETY, and their intricate connections to patterns of HUMAN behavior.

Sociology enables us to understand the structure and dynamics of society, and their intricate connections to patterns of human behavior.

The word sociology (or sociologie) is derived from the Latin: socius, "companion"; -ology, "the study of", and GREEK λόγος, , "word", "knowledge". It was first coined in 1780 by the FRENCH essayist Emmanuel Joseph Sieyes (1748 1836) in an unpublished manuscript.[12] Sociology was LATER DEVELOPED by the philosopher, Auguste Comte (1798?1857), in 1838.

The word sociology (or sociologie) is derived from the Latin: socius, "companion"; -ology, "the study of", and Greek λόγος, , "word", "knowledge". It was first coined in 1780 by the French essayist Emmanuel Joseph Sieyes (1748 1836) in an unpublished manuscript.[12] Sociology was later developed by the philosopher, Auguste Comte (1798?1857), in 1838.

The METHODOLOGICAL approach toward sociology by early theorists was to treat the discipline in broadly the same MANNER as natural science. An emphasis on empiricism and the scientific method was sought to provide an incontestable foundation for any sociological claims or findings, and to DISTINGUISH sociology from less empirical FIELDS such as philosophy. This perspective, is CALLED as positivism. 

The methodological approach toward sociology by early theorists was to treat the discipline in broadly the same manner as natural science. An emphasis on empiricism and the scientific method was sought to provide an incontestable foundation for any sociological claims or findings, and to distinguish sociology from less empirical fields such as philosophy. This perspective, is called as positivism. 

COUNTRIES have to legislate so that new TOURIST developments satisfy ENVIRONMENTAL safeguards. All development must be sustainable.

1. There must be no pollution into waterways and oceans.
2. Garbage and sewage must be collected and recycled as MUCH as possible.
3. Tourist movements into natural areas must be limited so the numbers do not do any DAMAGE to the environment.
4. Building must blend into the natural environment.
5. There must be legal deforestation.

Countries have to legislate so that new tourist developments satisfy environmental safeguards. All development must be sustainable.

Indian INDUSTRY has PROGRESSED a lot DUE to globalization. A lot of IMPROVEMENT has been seen in Indian industry. 

Indian industry has progressed a lot due to globalization. A lot of improvement has been seen in Indian industry.