Unlimited liability-this is by far the greatest disadvantage to the proprietorship. Even though proprietors may invest only part of their capital in the business, they remain personally liable to the full extent of their assets for the liabilities of the business.
The alternatives here are the command economy and a (pure) market economy.
The US economy is not a comman market economy because most of it is not centrally planned, as was the case in the Soviet Union.
However, The US economy is not a pure market economy because some of it is centrally regulated, for example certain substances are forbidden.
Answer:
Explanation:
Concept development is a set of activities that are carried out early in the systems engineering life cycle to collect and prioritize operational needs and challenges,
Or,
Concept development is a process of developing ideas to solve specified design problems.
Answer:
Caribbean Food Corporation
Caribbean Environment Health Institute
Explanation:
The Caribbean Community (CARICOM or CC) refers to the association of fifteen countries and territories in the Caribbean with the key objectives of fostering economic integration and cooperation between its leaders, of ensuring equal distribution of the rewards of integration as well as of coordinating international affairs.
The two organisation established are :
1. Caribbean Food Corporation
The main objective of this organisation is to ensure that there is enough food available for the population and also the quality of food is hygienic.
2. Caribbean Environment Health Institute
As the name suggests, this organisation ensure the development of regions without major environmental degradation.
