Soviet support for North Korea was also a way of legitimizing the Kim regime. It allowed them to gain access to raw material markets and political allies. They could trade to attempt ot get what they could not make.
The correct answer is that <span>The United States was fighting against an enemy who discriminated by race while allowing discrimination at home
They believed that the United States was using african-american soldiers and fighting discrimination and for equality in other countries worldwide, while at the same time they were segregating and violating the rights of their own people which meant that they were extremely hypocritical and had to first look into their own back yard. </span>
Command Economies are typically bad when it comes to a person wanting to make a profit. They focus around (typically) economic equality and lack economic efficiency. Generally speaking, in a command economy, resources are allocated by a Central Planning Committee. This generally will lead to several shortages and/or surpluses in products since the demand/supply can be spontaneous.
Command=Bad
Market Economies are focused around making a profit and Economic Efficiency. Basically, people will be rewarded based on how well resources are allocated among the public. For example, take a parking lot like downtown. Generally in a Market economy, we focus on placing as many cars in the lot as possible and using the space to its full potential. However, in a Command, many in these economies will try to allocate the space so that (strictly for example) 3 small, 3 large, and 3 medium vehicles are parked- thus economic equality.
Finally, with a market economy, there tends to be less shortages and less surpluses, since we operate through the Laws of Supply and Demand in which an equilibrium price will be automatically established through buying and selling
Market=Good
Hope it Helps!
Answer:
Explanation:
Company increases the input by 20%
increase in output in percentage terms
= [(1500 - 1000) / 1000 ] x 100
= 50 %
So percentage increase in output is more than percentage increase in input
hence there is increasing return to scale at this product.
In case of increasing return to scale , cost of production per unit decreases .
There is increasing efficiency in production .