In a traditional economy there isn't a thing as "black market" - all exchange is legal and no exchange needs to be taxed - so it's not a good answer.
The correct answer is: command. This is the case now in Venezuela, which is a command economy and which has a very thriving black market.
To answer the question, “When an issue creates disagreement among the states, how does federalism solve the problem?”:
1. The state is allowed to find a solution about the issue.
2. There are equal powers with the federal and states therefore it can go through a debate.
3. The Constitution decides which makes the federal powers are superior.
4. There will be specific rules of each of the states created by the government.
I’m pretty sure Washington was officially a state in 1889.
The development of trade during the middle age increased thanks to the change given in the agriculture, which gave money, industry and markets a bigger importance in economy. The agriculture production was more than the consumption, which meant the creation of wider markets out of the areas. Besides, with the end of multiple wars, the population increased and new trade routes were created.
Answer:
The correct answer to the following question will be "Decisions under risk".
Explanation:
- When those risks are known or could be inferred, the option of an appropriate strategy based on such probabilities is called under-risk decision-making.
- Risk means a degree or a level of uncertainty as well as an inability to effectively predict the effects or effects of an event.
Therefore, it's the right answer.
