Explanation:
postal, banking, courier, philately, agency and money transfer services
Mass media is a very popular means of communication which can reach to public in a very short period of time. Mass media spread information very fast and people also get affected by it.
Explanation:
Mass media was first popularized during 1920s. Radio, television are the very important source of mass communication which spreads news very quickly. People can be aware if they regularly follow one of these means. Business and commerce both are effected by it. American commercialism affected hugely by mass communication.
In 1920s the most popular mean of mass communication was radio. As radio was very popular so keep its service ongoing several number of radio stations were introduced. Then its broad casting system was also enriched.
Under communist theory, Community central planning determines how much of each good and service is supplied.
Community central planning entails that the government owns and distributes the factors of production and hence they determine how much of each good and service is supplied.
<h3>What is Communism?</h3>
Communism is a system of government where the factors of production such as land, labor etc. are firmly under the control of the government.
This type of economy is also referred to as command economy.
In communism, the government determines how much of a good or service that will be supplied because they control the factors of production that drives commerce.
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Bad harvest, deficit spending, and costly wars
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