What role does private ownership play in a market economy?
Answer:
B. It motivates people and businesses to buy property
Explanation:
A market economy a form of economic system that a situation in which economic decisions that deals with the pricing of goods and services are guided by price factors created by the forces of supply and demand.
In other words, market economy is a type of economic system where the forces of supply and demand dictate the economy, instead of government intervention.
Hence, in a market economy, the role of private ownership is that, it motivates people and business to buy properties.
Due to limitation of government intervnetion in the economy, while the goods and services produced in the economy are owned privately, this in turn makes private ownership, together with the freedom to negotiate legally binding contracts, mktivates and permits people and businesses to get and use resources as they choose.
Also, due to the freedom of buying and selling of what individual may needs or wants, this system of economy motivates, various segement of the economy such as Consumers to freely buy the goods and services that best fill their interests, or Workers are to freely seek any jobs for which they are qualified and willing to work for.
Answer:
(a) exactly the same
Explanation:
Both John and Fred meet the diagnostic criteria for paranoid personality disorder. John's friends are aware of his paranoia although he continues to live a meaningful life. Fred's paranoia is so extreme that he finds it hard to function in society. The DSM-IVTR, Axis II diagnosis for these individuals would be exactly the same. We must see that some of the examples of the Personality Disorders includes paranoid personality disorder, schizoid personality disorder, schizotypal personality disorder etc
Answer:
A popular explanation for the Italian Renaissance is the thesis that the primary impetus of the early Renaissance was the long-running series of wars between Florence and Milan, whereby the leading figures of Florence rallied the people by presenting the war as one between the free republic and a despotic monarchy.
Explanation:
Answer:
Secular law is the tool with which conflicts between people and ideas are dealt with. Conflicts between religious and non-religious people cannot be solved, avoided, or defined away. The framework provided by secular law is a default arrangement within which diversity thrives.
Explanation:
Answer:
PN (Precision Nutrition) Coaching is fundamentally about creating an emotional connection with the person being coached. Coaching is about getting to know each other better, and after that, tailoring an strategy to develop one's emotions in a desired way.
