QUICK ANSWER
Some weaknesses of communism are that it removes the price system, eliminates incentives, reduces prosperity and severely restricts personal freedom. Communism was once a dominant economic system, but as of 2014, it has been largely discredited.
Answer:
It is used for moving water to where it is needed.
Explanation:
<span>Bankruptcy
</span>
Bankruptcy is likely the most extreme danger of excessive business debt. In a sole proprietorship, your business finances are not separate from your individual finances, meaning you could face personal bankruptcy. For other common business set-ups, if you cannot meet the repayment requirements of your lenders, they may eventually force you into bankruptcy. This typically means the end of your business, or at least the end of your ownership. Your business assets may be seized to allow creditors to recover some of their money.
<span>
Limited Flexibility
</span>High debt leverage is less severe than bankruptcy but often a signal of impending doom. This means you have too much debt and your debt ratios show difficulty keeping up with your short-term and long-term debt obligations. This makes you susceptible to late fees, default and eventually bankruptcy. It also makes your business unattractive to prospective lenders or creditors. This gives you limited flexibility to find new financing or to buy new equipment or supplies on credit. New investors may also have concerns about your high debt.
<span>Poor Profits
</span><span>Even if your business stays afloat, too much debt leverage makes profitability difficult to achieve. Your business has fixed monthly expenses for building costs and labor. You also have variable costs of production or operations and sales. When you add high monthly principal and interest payments, bringing in enough revenue to make substantial profits becomes unlikely. Plus, if you cannot pay down debt quickly, you carry it longer and pay more in interest over time. Without profit or funding sources, you also cannot expand or grow your business.</span>
Answer:
Explanation:
The Marshall Plan was a post WWII bailout program initiated by the USA, aimed to economically revive nations and to reduce communist influence within the countries it supported. The USSR refused to be included for differing political views and opted to create a similar program of their own to aid in post war economic recovery. The USSR before it collapsed, included the countries who are not aided today.
Answer:
Basketball literally was a niche sport that thrived where lack of space did not allow for any other games to be played and it was mainly pursued by those living in these confined urban spaces
Explanation:
Biological superiority can be described or explained as a situation whereby some group of considered themselves or are considered to be biologically better than the other group of people. This could be in terms of intelligence and/or physical ability, structure or possession.
It should be understood that, this is a form of racism.
In this case, racial composition of sport team roster is different to or might not based on biological superiority. This is because , in this aspect, racism always based on the ability to be able to play the game very well.
In conclusion, it means that, people will always want to be in a team comprising the people that know how to play the game very well.
