11 million individuals working full time 60 million individuals is the percentage of the unemployed population in the labor force.
The percentage of the civilian labor force represents the unemployment rate, right?The percentage of the civilian labor force that is jobless is indicated by the unemployment rate. It is computed by dividing the number of people in the civilian work force by the number of jobless people. Then, to make this ratio into a percentage, double it by 100.
The percentage of the labor force that is employed that is unemployed is known as the unemployment rate (the labor force is the sum of the employed and unemployed). (Unemployed Labor Force) x 100 equals the unemployment rate.
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Answer:30
Explanation: 7+12+11
------------- x100
7+12+11+60+10
=30%
What is Sheil , ????
Answer:
1. a pasture or grazing ground. 2. a shepherd's or herdsman's hut or rough shelter on or near a grazing ground. Also: shealing, shiel.
Explanation:
which among the following is also known as croning process in which cast parts are produced with dimensional tolerances as low as ±0.2 millimeters
O Centrifugal casting
O Investment castin
O Slush casting
O Shell casting
Shell casting is also known as croning process in which cast parts are produced with dimensional tolerances as low as ±0.2 millimeters. Shell castingShell casting, also known as shell mold casting, is a sand casting technique that produces high-precision, near-net-shape castings.
The shell mold is made up of a resin-bonded sand that is pre-coated with a thin layer of ceramic material. This shell is then cured, removed, and preheated before being placed in a flask for casting to occur. This method of casting is commonly used to produce small- to medium-sized parts, but it can also be used to produce large parts up to 900 mm in length, 600 mm in width, and 600 mm in height.Shell casting is similar to investment casting in that it creates a highly detailed and accurate casting with a good surface finish, but it is less expensive and quicker to produce. It is commonly used in the production of turbine blades, pump impellers, and various engine components.
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I really need help with this asap
in terms of emotional competence skills, an example of being able to detect others' emotions is
An example of being able to detect others' emotions in terms of emotional competence skills is the ability to accurately read facial expressions, body language, and tone of voice to understand how someone is feeling.
Empathy is the ability to understand and share the feelings and emotions of others. It involves being able to recognize and detect the emotions that others are experiencing, even if they are not explicitly expressed. This skill allows individuals to connect with others on an emotional level, showing understanding and support.
Being able to detect others' emotions is an essential aspect of emotional intelligence and interpersonal effectiveness. It involves being observant of nonverbal cues, such as facial expressions, body language, and tone of voice, which can provide valuable information about someone's emotional state. By being attuned to these cues, individuals can gain insights into what others may be feeling and respond appropriately.
Empathy helps build stronger relationships and fosters effective communication. It allows individuals to show compassion, validate others' experiences, and provide support when needed. By understanding and acknowledging others' emotions, individuals can create a sense of trust and connection, promoting healthier interactions and relationships.
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Venture capital funds are not diversified. They are required to invest all of the money raised from limited parthers in a single venture they believe will be a huge success, True False
False.
Venture capital funds are typically diversified, meaning they invest in multiple ventures rather than putting all the money raised from limited partners into a single venture. The purpose of diversification is to spread the investment risk across a portfolio of ventures, as investing in a single venture can be highly risky and increase the potential for loss. By investing in multiple ventures, venture capital funds aim to maximize their chances of overall success and achieve higher returns while managing risk.
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A
Question Blank
type your answer...
student loan is where the Department of Educations diverts/ pays the interest while you are in school at least part-time.
Answer:
Direct subsidized loans
Explanation:
Direct subsidized loans are offered by the government to undergraduate students with financial need. The loan is available as long as the students can demonstrate they should be considered. The amount is determined by what the schools charge. A direct subsided loan can not exceed a student's financial need.
The U.S. Department of Education meets the interest on a direct subsidized loan
The student is at school for at least half-time,For the grace period of the first six months after leaving schoolWhen the student postpones loan re-payments.Which of the following describes a food retailer?
uses products from farmers and ranchers, commodity processors, and food manufacturers to offer food to their customers
supports the farmers and ranchers with feed and seed
transports the farmers’ and ranchers’ products and the processed and manufactured food products throughout the system
buys the processors’ products to make prepared food
Answer:
transports the farmers and ranchers
Answer:
B
Explanation:
Economic guided reading 7-3
The economy fluctuates between periods of expansion (growth) and contraction, which is referred to as the "economic cycle," sometimes known as the "business cycle" (recession).
What is Economic cycle?The present stage of the economic cycle can be determined using variables like gross domestic product (GDP), interest rates, total employment, and consumer expenditure.
Since the economic cycle directly affects stocks, bonds, profits, and corporate earnings, understanding it can help investors and businesses decide whether to invest and when to withdraw their funds.
The stage of the economic cycle we are in at the moment can be determined by variables like GDP, interest rates, total employment, and consumer spending.
Therefore, The economy fluctuates between periods of expansion (growth) and contraction, which is referred to as the "economic cycle," sometimes known as the "business cycle" (recession).
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Revenue is project at 249,000 for the month. You are seeking to have a rent equal to 8% of revenue. Additionally, you have “Common Area “ fees , which are 2% of your RENT. How much will you spend on rent plus common area fee each month?
A) 17,779
B) 19,070
C) 20,318
D)22,312
Answer:
C) 20,318
Explanation:
The projected revenue for the month is 249,000
Desired monthly rent is 8% of revenue,
monthly rent will be
=8% of 249,000
=0.08 x 249,000
=19,920
Common area fees are 2% of rent
=2% of 19,920
=0.02 x 19,920
=398.4
the total of rent plus common area fees will be
=19,920 + 398.4
=20,318.4
Answer the following questions regarding the article entitled "From Financial Crash to Debt Crisis" (2011) by Reinhart and Rogoff.
What were the three conclusions obtained from the study? Explain in detail.
The Great Recession, one of the worst economic declines in US history, officially lasted from December 2007 to June 2009. The collapse of the housing market — fueled by low-interest rates, easy credit, insufficient regulation, and toxic subprime mortgages — led to the economic crisis.
The Great Recession was a prolonged, dramatic decrease in economic activity that began in 2007 and affected national economies all around the world. Since the Great Depression of the 1930s, it is regarded as the worst recession ever.
The Great Recession, which lasted from late 2007 to early 2009, was a period of significant general deterioration seen in national economies around the world. From one country to the next, the recession's size and timing were different.
The official duration of the Great Recession, one of the worst economic downturns in US history, was from December 2007 to June 2009.
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Why do people enter an apprenticeship rather then attend college?
And here are three great reasons to choose an apprenticeship instead: 1. You need to start earning a livable wage. On average, college costs $23,600 per year — and if you don't finish with a degree, you still have to pay for the classes you took.
Benefits of Apprenticeship
Customized training that meets industry standards, tailored to the specific needs of businesses, resulting in highly-skilled employees.
Increased knowledge transfer through on-the-job learning from an experienced mentor, combined with education courses to support work-based learning.
Apprenticeships are an excellent way to gain access to a company or a sector you want to work in, and if you do a great job and become a valued member of the team, it will put you in a strong position when there are permanent job opportunities. Learn transferable skills
If you're someone who really wants to embrace the student experience and explore your course subject in-depth, going to university might be for you. If you enjoy hands-on learning, want to get paid for on-the-job training and get a degree without tuition fees, then an apprenticeship could be a good option.
Though they receive valuable training, individuals often endure both pros and cons of apprenticeships. You might want to research the pros and cons tho.
A person is eligible to undertake an apprenticeship or traineeship in NSW if they are: an Australian citizen, or. a foreign national with permanent residency, or. a New Zealand passport holder who has been a resident in Australia for more than six months.
I HOPE THIS HELPS AND MAYBE I COULD GET BRAINLIEST <3
Answer:
So you dont have to go to college?
Explanation:
if a company reports a net loss it means
Answer: Negative net profit
Explanation:
A net loss occurs when the sum total of expenses exceeds the total income or revenue generated by a business, project, transaction, or investment.
Answer: Negative net profit
Explanation:
The Nelson Company has $1,200,000 in current assets and $480,000 in current liabilities. Its initial inventory level is $305,000, and it will raise funds as additional notes payable and use them to increase inventory. How much can Nelson's short-term debt (notes payable) increase without pushing its current ratio below 2.0? Do not round intermediate calculations. Round your answer to the nearest dollar. $ What will be the firm's quick ratio after Nelson has raised the maximum amount of short-term funds? Do not round intermediate calculations. Round your answer to two decimal places.
The Nelson Company has $1,200,000 in current assets and $480,000 in current liabilities. Its initial inventory level is $305,000, and it will raise funds as additional notes payable and use them to increase inventory.
To avoid a decline in the current ratio below 2.0, how much can Nelson's short-term debt (notes payable) increase?The formula for calculating the current ratio is:
Current ratio = Current assets / Current liabilities. A current ratio of 2:1 or greater is generally considered acceptable for most enterprises. So, the current ratio is as follows:
Current ratio = $1,200,000 / $480,000 = 2.5 times
Let us now determine the maximum amount of short-term funds the company may obtain without pushing its current ratio below 2.0. Assume that the company raises the amount of additional notes payable, X dollars, and uses it to buy inventory. The maximum quantity of notes payable that can be added to inventory without causing the current ratio to fall below 2.0 is then determined as follows:
$1,200,000 / ($480,000 + X) ≥ 2.0$480,000 + X ≤ $600,000X ≤ $120,000
Thus, the maximum amount of additional notes payable is $120,000. If Nelson were to increase its notes payable by the maximum amount, its current liabilities would increase by $120,000, from $480,000 to $600,000. As a result, Nelson's current ratio would decline as follows:
Current ratio = $1,200,000 / $600,000 = 2.0 times
Let us now calculate the company's quick ratio after it has raised the maximum amount of short-term funds. The Quick ratio is determined by dividing the current assets by the difference between the current assets and the inventory. QR = (Current assets – inventory) / Current liabilities The calculation of quick ratio is as follows:
Quick ratio = ($1,200,000 − $305,000) / $480,000 = 1.99 times
The quick ratio after Nelson has raised the maximum amount of short-term funds will be 1.99 times.
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intense competition between corporations works to bring consumers: a. lower prices. b. lower quality. c. less choices. d. average quality.
a. lower prices.
Intense competition between corporations tends to benefit consumers by driving down prices. When companies compete for market share, they often lower their prices to attract customers and gain a competitive edge.
This price competition can result in more affordable options for consumers. Lower prices are seen as a desirable outcome for consumers as it allows them to access goods and services at a more affordable cost.
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Rahm's credit card issuer calculates interest based on the outstanding
balance at the end of the last billing period. What is this method of
calculating interest on a credit card called?
O
A. Adjusted balance method
B. Average daily balance method
O C. Previous balance method
O D. None of the above
Answer:
Adjusted balance method.
Explanation:
Adjusted balance method is defined a method of calculating financial interest based on the outstanding balance at the end of the last billing period after the payments after all necessary adjustment to the account has been made.
This method of interest calculating leads to a reduced finance charge with time as payments are being made to offset and reduce the balance on the card
Answer:previous balance method
Explanation:
A transaction will only happen if and only if the price is between:
The buyer’s value and the buyer’s outside option
The buyer’s value and the seller’s outside option
The buyer’s value and the seller’s cost of production
The buyer’s outside option and the seller’s outside option
The buyer’s outside option and the seller’s cost of production
A transaction will only happen if and only if the price is between the buyer's value and the seller's outside option.
Let's break down the options to understand why this is the correct answer:
- Option 1: The buyer's value and the buyer's outside option. This option doesn't make sense because the buyer's outside option is not directly related to the transaction. The buyer's outside option refers to an alternative choice the buyer has if the transaction doesn't occur, and it is not directly involved in determining the price of the transaction.
- Option 2: The buyer's value and the seller's outside option. This is the correct answer. The buyer's value represents the maximum amount the buyer is willing to pay for the item or service. The seller's outside option refers to an alternative choice the seller has if the transaction doesn't occur. For a transaction to happen, the price needs to fall between the buyer's value and the seller's outside option. This ensures that both the buyer and seller find the transaction mutually beneficial.
- Option 3: The buyer's value and the seller's cost of production. This option doesn't capture the buyer's perspective accurately. The buyer's value is the maximum price the buyer is willing to pay, whereas the seller's cost of production is the cost incurred by the seller to produce the item or service. The transaction price is determined by the buyer's value, not the seller's cost of production.
- Option 4: The buyer's outside option and the seller's outside option. The buyer's outside option is not directly involved in determining the price of the transaction. It refers to an alternative choice the buyer has if the transaction doesn't occur. The seller's outside option also refers to an alternative choice the seller has if the transaction doesn't occur. However, the price of the transaction is determined by the buyer's value and the seller's outside option, not the outside options of both parties.
- Option 5: The buyer's outside option and the seller's cost of production. The buyer's outside option is not directly involved in determining the price of the transaction. The seller's cost of production refers to the cost incurred by the seller to produce the item or service. The transaction price is determined by the buyer's value, not the seller's cost of production.
Therefore, the correct answer is: The transaction will only happen if and only if the price is between the buyer's value and the seller's outside option.
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what source of information is most useful for telling you whether a company is worth investing in
Investors can find information about a company's financial status, prospects for the future, and past performance in corporate filings. This kind of data is necessary for you to determine whether particular stocks, bonds, or mutual funds are wise investments.
Stocks are a sort of instrument that represent a holder's portion of a company and are frequently referred to as equity. As a result, the investors in that proportion own the company's assets and profits. Companies raise money by selling stock in order to finance future growth. The majority of stock transactions occur on stock exchanges like the New York Stock Exchange, while it is also possible to trade equities privately (or NYSE). Even though the bond market is larger, the stock market attracts more media attention. In terms of return over time, historically, stocks have outperformed other investment types. The Securities Exchange Commission (SEC), which ensures the fair and effective operation of the securities markets, regulates stock trading in order to protect investors.
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Which career worker installs, maintains, and repairs equipment used for communication? Select all that apply.
O Printing Technology
O Printing Press Operator
Electronic Home Entertainment Equipment Installer
O Journalism and Broadcasting
O Telecommunications
The equipment Installer exists liable for repairing equipment while Telecommunication affects any function that exists valued with installing and utilizing data to communicate.
What is telecommunications?Telecommunications, even comprehended as telecom, exists the interaction of information over considerable distances by electronic standards and directs to all kinds of voice, data, and video transmission.
The job of telecommunications technicians entails the responsibility of supporting, installing, and repairing various tools needed for communication.
The instruments that exist utilized for communication these days exist as the telephone, fax, video conferencing, computers, and more.
The various communication instruments exist utilized in business and the telecom technician interacts with office workers and comprehends the issue at hand for the kind of instrument and transmits the necessary technician.
Therefore, the correct answer is option c. Electronic Home Entertainment Equipment Installer.
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the cost of life in prison without parole compared to an execution is:_____
The cost of life in prison without parole compared to an execution varies depending on various factors and jurisdiction. However, studies have generally shown that life imprisonment is often more expensive than carrying out an execution.
Determining the precise cost of life in prison without parole versus an execution can be challenging due to the complexity of factors involved. These factors include the duration of incarceration, legal expenses, security costs, healthcare expenses, and the costs associated with the appeals process.
One of the key reasons why life imprisonment can be more expensive is the extended duration of incarceration. A person sentenced to life without parole may spend several decades in prison, requiring continuous housing, feeding, and medical care. This long-term commitment incurs significant costs for the state or government.
On the other hand, the cost of execution typically involves legal fees associated with the trial and subsequent appeals. However, once the execution is carried out, the ongoing costs cease, resulting in potentially lower long-term expenses compared to a lifetime in prison.
While it is challenging to provide an exact figure, studies and analyses have generally indicated that life in prison without parole is more costly than carrying out an execution. However, it is important to note that cost should not be the sole factor in determining the use of the death penalty, as ethical, moral, and legal considerations also play significant roles in shaping the debate around capital punishment.
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HELP FOR CROWN!!!
what is one thing a bank will require you to have when you ask for an auto loan?
A. keys to the car
B. proof of auto insurance
C. driver's license
D. letter of recommendation
Answer:
It is either C or D
Explanation:
Answer:
Driver's License
Question 3
In this class, you will learn how to use Microsoft Word like a business professional.
Which of the following terms best describes this scenario?
O Digital commerce
Digital access
1 p
O Digital literacy
O Digital etiquette
The term that best describes the scenario of learning to use Microsoft Word like a business professional is Digital literacy.
What is digital literacy?This refers to when a person learns more about digital tools and services which they can then use to make their lives better and do work faster.
Learning how to use Microsoft Word like a business professional means learning about a digital tool so this is digital literacy.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
The ge financial management program is designed to help potential employees develop leadership and analytical skills by cycling them through short-term, key assignments in financial planning, accounting, operations analysis, auditing, forecasting, cash management, and commercial finance. What type of work challenge stressor does this demonstrate?.
If the ge financial management program is designed to help potential employees develop leadership and analytical skill. The type of work challenge stressor does this demonstrate is : work complexity.
What is work complexity?
Work complexity can be defined as a type of work challenge stressor that occur when an employee is assign different type of workload.
The scenario best illustrate work complexity based on the fact employee has to undergone several training that will enables them to acquired different skills.
Therefore If the ge financial management program is designed to help potential employees develop leadership and analytical skill. The type of work challenge stressor does this demonstrate is : work complexity.
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payment status indicator is for significant procedures that do not involve multiple procedure reductions.
Payment status indicator is for significant procedures that do not involve multiple procedure reductions is significant procedure.
P3: Office-primarily based totally surgical treatment introduced to ASC listing in CY 2008 or later with MPFS nonfacility PE RVUs; charge primarily based totally on MPFS nonfaculty PE RVUs. R2: Office-primarily based totally surgical treatment introduced to ASC listing in CY 2008 or later without MPFS nonfaculty PE RVUs; charge primarily based totally on OPPS relative charge weight.
For example, a Status Indicator C method that the HCPCS isn't always payable if executed in both an outpatient clinic or ASC setting. A Status Indicator of N method there may be no separate charge due to the fact compensation is packaged into the charge for different services. Status Indicator C. Inpatient Procedures.
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You have come up with a great idea for a Tex-Mex-Thui tusion restaurant. A Eier doing a financial analgsis of this wenture, you estimate that the initial outiny wil be 55.6 milion. You also estimate that there is a 50 percent chance that this new restaurant will be woll rocelved and will produce annual cash flows of $800,000 per year forerer (a perpetulity). while there is a 50 percent chance of it producing a cash fow of only $180,000 per year forever (a perpetuity) if th isnt received well a. What is the NPV of the restaurand it the requind rase of return you use ta discount the project cash fows is 11 percent? b. What are the real options that this analysis may be ignoeing? c. Explain why the project may be worthwhile even though you have just estimated that its NPV is negative? a. Assume the tequired rate of retum yod use to dscount the profect cash flows is 11%. What is the NPV of the restaurant if things go well? $________(Round to the neatest dollar)
a. The NPV of the restaurant, if things go well, is $8,909,090.91. b. In the context of this restaurant, real options could include the ability to expand or modify the menu, adjust pricing strategies, explore new marketing channels, or even sell the business if it becomes successful. c. The project may still be worthwhile even though the estimated NPV is negative because the NPV calculation assumes a static scenario and does not capture potential upside opportunities.
a. To calculate the net present value (NPV) of the restaurant, we need to discount the expected cash flows using the required rate of return. The NPV is the present value of the expected cash inflows minus the initial investment.
In this case, there is a 50% chance of the restaurant producing annual cash flows of $800,000 and a 50% chance of producing cash flows of $180,000. We can calculate the NPV using these cash flows and the discount rate of 11%.
NPV = [0.5 * $800,000 / (0.11 - 0)] + [0.5 * $180,000 / (0.11 - 0)]
NPV = $7,272,727.27 + $1,636,363.64
NPV = $8,909,090.91
b. The analysis may be ignoring real options associated with the restaurant venture. Real options refer to the flexibility or opportunities to make decisions or take actions in the future based on the outcome of certain events. In the context of this restaurant, real options could include the ability to expand or modify the menu, adjust pricing strategies, explore new marketing channels, or even sell the business if it becomes successful.
c. The project may still be worthwhile even though the estimated NPV is negative because the NPV calculation assumes a static scenario and does not capture potential upside opportunities. The negative NPV suggests that the expected cash inflows may not be sufficient to recover the initial investment and meet the required rate of return. However, there is still a 50% chance of generating higher cash flows of $800,000 per year indefinitely if the restaurant is well received. This upside potential justifies the pursuit of the project as it provides the opportunity for significant long-term profitability and growth.
Therefore, the NPV of the restaurant, if things go well, is $8,909,090.91.
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Which of these company figureheads is not a real person? chef boyardee juan valdez colonel sanders duncan hines.
Answer:
The correct answer is Juan Valdez
Juan Valdez of these company figureheads is not a real person. Thus, option B is correct.
What is a company?A company is a legal body created by a group of people to conduct and manage a multinational corporation, whether it be commercial or economic.
Juan Valdez is a fictional character. In the New York metropolitan area premises of a promotional agency, he established in 1959. A significant marketing effort to showcase Colombian beans as a particular device and indicator of distinction was led by Juan Valdez.
A phantom director is a responsibility of the deck membership who represents non-board members by acting and voting on their account. Anybody who holds a leadership role in the company but possesses little actual power. Therefore, option B is the correct option.
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True or False: Stores should train employees on how to spot shoplifters.
a.true
b.false
Answer:
a
Explanation:
need the text
Answer:
True because there are so many people shoplifting now and no one can tell who is shoplifting.
If an economist wishes to determine whether there is evidence that mean family income in a community exceeds $50,000, a. either a one-tail or two-tail test could be used with equivalent results. b. a one-tail test should be utilized. c. a two-tail test should be utilized. d. None of the above.
Answer:
b. a one-tail test should be utilized.
Explanation:
It can be said that the best way for the economist to make this determination would be to use a one-tail test. This is a statistical test in which the critical area of a distribution is one-sided, making it either exceed or fall short of a certain value, but not both as seen in the graph below. Which in this case, the certain value would be $50,000 and the information will be on either side. Thus showing the economist if the mean family income truly exceeds the $50,000
Marketers rely on three types of social media: social networking sites, media-sharing sites, and thought-sharing sites. Describe each of these types of sites and give examples of each.
The three types of media are commonly known as news media, social media, and web media.
What sort of individuals are marketers?The characteristics necessary for success in advertising are universal across the range of careers, despite the fact that exact skill needs may differ from job to job. Excellent communicators, team players, project managers, with strong analytical and creative abilities, are what make up good marketers.
Who makes an excellent marketer?Since there are so many channels to exploit and types of content to develop, good marketers are smart with their resources and time. In addition, they are smart business executives that manage various channels, focus on data and innovation, and operate well under pressure.
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Richie and Saul are conducting a urvey on the mot popular board game played by tudent at their high chool. Richie interview 25 boy from grade 9 through 12 and conclude that card game are the mot popular among high chool tudent. Saul peak with 20 tudent, including girl and boy, from grade 9 through 12 and conclude that word game are the mot popular among high chool tudent. Whoe generalization i valid? Why?
The generalization made by
i valid becaue he included
Given that Saul spoke with both boys and females, his generalization is accurate.
What is meant by generalizing in psychology?A generalization is a kind of abstraction where the general traits of specific cases are articulated as overarching concepts or claims. Generalizations presuppose a domain or collection of elements, as well as one or more shared characteristics.
Why is being general useful?Generalization is the capacity to do an action, engage in an activity, or display a behavior in a variety of situations, with a variety of people, and at a variety of times. Our ability to complete routine tasks in a variety of contexts and settings is due to the fact that we have "generalized" the necessary skills.
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