Answer:
fear. Natasha sounds a lot like me. of course omitting the spider down the shirt part.....I have Arachnophobia
Explanation:
Answer:
d. All of the above are correct.
Explanation:
Economists are scientists who study the processes of production, distribution, accumulation and consumption of material goods. They also look for factors directly related to restraint or moderation in spending, and factors related to savings. Economists study the notion of how societies use resources to produce valuable goods and how these goods are distributed among individuals.
Based on this, we can say that economists would study whether the US unemployment rate has fallen by two percentage points in recent years, but we can also say that they would study the following situations:
- Mitch chooses to work overtime to earn extra income for his family.
- Megan sells her physics textbook last semester to her roommate for half the price of a new textbook.
Answer: The United States had a free market, whereas the Soviet Union had a government-controlled economy.
Explanation:
The end of World War II meant that democratic systems sought greater connectivity in terms of the economy and market flows. The United States, as the largest advocate of democracy in the world, was involved in these trade flows. That meant openness to free trade. On the other hand, Stalinism in the Soviet Union controlled all life, political and economic flows. That also meant strict control of trade and markets.
Answer:
Consumers and producers in a free market economy are "free" to produce and consume what ever they want, and demand for products dictates production--whereas in a command economy, producers are told how much to produce by the government.
Explanation:
In a free market economy is where the individuals who are the producers, make their own decisions on what products to produce and sell.In this type of market, the government does not intervene. The advantage of this system is that producers have full control to produce products of their choice and they are more multivated to work and produce goods to earn money.This also boosts the economy growth by allowing the total control to the producers who produce goods according to the demand of the market.
