PRELIM: THE CONTEMPORARY WORLD

Balmas, Jannah Marie P.

BAC 1A

MODULE 3-4

ASSESSMENT TASK 2-1:

1. A
2. C
3. D
4. A
5. A
6. A
7. B
8. C
9. A
10. A

ASSESSMENT TASK 2-2:

CORPORATION BRIEF COMPANY MAJOR ECONOMIC

BACK GROUND GROWTH

APPLE Apple is an American The industry and market

multinational technology, conditions with an impact
as of June 2022 Apple is on Apple Inc.'s business
the largest company by are the major components
revenue. Aside from that, of the economic factors.
Apple products has a The economy of rich
portable and wearable countries have stabilized,
devices. and those in developing
countries have
experienced tremendous
economic development,
among other things.
FACEBOOK Facebook was founded by It is not surprising that
Mark Zuckerberg with his Facebook is one of the
fellow Harvard College most studied digital
Student. Moreover, companies. The studies on
Facebook is an online Facebook's economic
social media and impact below were
networking service. conducted by Deloitte and
 PwC, two of the biggest
consulting organizations in
the world. The financial
impacts of Facebook on
the EU27 countries were
examined by Deloitte. The
report estimates that
Facebook increased the
economic worth of the
EU27 region by almost
€15.3 billion. By that time,
the company had created
230,000 employment and
raised brand value for
companies to over €7.3
billion throughout Europe.
AMAZON A Global American More American
technology business with employment than any
a focus on artificial other corporation have
intelligence, cloud been created in the
computing, online previous ten years by
advertising, digital Amazon. These are jobs
streaming, and e- that offer comprehensive,
commerce. One of the industry-leading benefits
most valuable brands in and at least $15 per hour
the world, it has been in pay—more than double
called "one of the most the federal minimum
significant economic and wage. Since 2010, we have
cultural forces in the invested more than $530
globe." On July 5, 1994, billion in the U.S. when
Jeff Bezos launched adding our infrastructure
Amazon from his garage in investments and
Bellevue, Washington. It employee compensation.
started out as an online
book store but has since
evolved into many
different product
categories, earning the
nickname "The Everything
Store."
MICROSOFT The goal of Microsoft is to Microsoft supports digital
enable everyone and transformation in the age
every organization to do of the intelligent edge and
more. Our Business Stay cloud. Its goal is to enable
up to date on Microsoft, each individual and every
including company corporation on the earth
information, news, and to do more.
 information about our
global presence.
General Electric An American global As predicted by theory,
business with its we find that access to and
headquarters in Boston use of electricity are
and its roots in New York strongly correlated with
state, General Electric economic growth. Few
Company (GE) was methodologically sound
established in 1892. studies that establish
Healthcare, aviation, causal effects on an
power, renewable energy, economy-wide basis do
the digital industry, exist, despite sizable
additive manufacturing, empirical literatures and
venture capital, and suggestive case evidence.
finance were among the There is some proof that
industries the company the expansion of the
operated in. [Self- economy depends on the
published source] Since dependability of the
making several electricity supply. We
divestitures, the company suggest that future
now primarily consists of research concentrate on
the second, third, and determining the causal
fourth segments. effects of electricity
reliability, infrastructure,
and access on economic
growth, testing the
validity of the literature,
and developing our
theoretical understanding
of how a lack of electricity
can be a growth
constraint.