Answer:
A mixed market economy is different from other economic systems because it combines both the private individuals and the government as owners and distributors of productive resources.
Explanation:
A mixed market economy is different from other economic systems because it combines both the private individuals and the government as owners and distributors of productive resources. Mixed market economy is an economic system in which both private individuals and the government own, control, distribute and allocate resources to improve living standard of people and country's economic activity. Here, both the private sector and public sector collaborate and channel resources toward economic development.
Other types of economic systems are:
1) Free market economy or Capitalism
2) Planned economy or Socialism
In free market economy is an economic system in which productive resources are owned, controlled and distributed by private individuals. Here, there is no government intervention in economic activity. Due to the presence of competition, producers ensure that their products are of high quality (standardisation of products). Consumers are treated as kings thus, they determine what producers produce. The motive of free market economy is to maximize profits.
Conversely, planned economy is an economic system in which productive resources are owned, controlled, distributed and allocated by the government. Unlike free market economy that maximize profit, the motive of planned economy is to provide essential or basic needs for the people in order to improve their quality of life.
Answer:
(Calvert Country, Maryland, 1861 - Pine Island, New York, 1919) American engineer who stood out for his contributions to the scientific organization of work, especially with the diagram that bears his name. He worked for Frederick W. Taylor, with whom he collaborated in the application of his famous doctrine to improve productivity (the scientific organization of work or Taylorism), which would have such an impact on the second stage of the Industrial Revolution.
Explanation:
Answer I am pretty sure its b
Answer:
Perennial plants are plants that have a live cycle of more than two years or can live for more than two years while annual crops are crop that only last for one years and are replanted every year. Perennial plants are mostly trees while annual plants are mostly crops.
Explanation:
