1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Butoxors [25]
3 years ago
7

Write an essay of 200 words comparing the ways in which command economies and market economies affect a worker's life.

Geography
1 answer:
aleksandrvk [35]3 years ago
6 0

Characteristically, Command Economies are bad when it comes to a person interested in making a profit; this is because they typically center on economic equality and do not have economic efficiency. Speaking in general, in a command economy, the allocation of resources is done by a Central Planning Committee, and this system usually leads to quite a number of shortages and/or surpluses in products since the demand/supply can be impulsive.<span> On the other hand, Market Economies are centered on profit-making and Economic Efficiency.</span>

<span>
</span>

Essentially, how well resources are distributed among the public will determine how well people will be rewarded. Let’s take for instance, a parking lot like downtown; characteristically, a market economy will likely focus on how to place as many cars as possible in the lot and how to use the space to its full capacity, while a Command will most likely try to apportion the space so that (just for example) 3 small, 3 medium and 3 large vehicles are parked (economic equality).

<span>
<span>Finally, with a market economy, there is likely to to be less shortages and less surpluses, since it works with the Law of Supply and Demand in which an equilibrium price will be automatically established through buying and selling.</span></span>

You might be interested in
Which of the following is true of environmental changes?
monitta
I think the correct answer from the choices listed above is option B. With regards to environmental changes, they may affect several populations in an ecosystem because it is where living organisms dwell and they try to adjust accordingly to these changes. Hope this answers the question.
4 0
3 years ago
Why are the Middle Ages referred to as the Middle Ages ?
Vedmedyk [2.9K]

Answer:

The 'Middle Ages' are called this because it is the time between the fall of Imperial Rome and the beginning of the Early modern Europe. ... The Dark Ages are given this name because Europe was in disarray in comparison to the orderliness of classical antiquity and life was short and poor.

8 0
2 years ago
Contaminacion ambiental
torisob [31]

Answer:

Explanation: Pollution is the introduction of contaminants into the natural environment that cause adverse change. Pollution can take the form of chemical substances or energy, such as noise, heat, or light. Pollutants, the components of pollution, can be either foreign substances/energies or naturally occurring contaminants.

6 0
3 years ago
Read 2 more answers
Where is the Chernobyl exclusion zone located?
Sedbober [7]

It is located in Ukraine

8 0
3 years ago
Examine the path of the river that feeds into and flows out of Quail Lake. What direction is the North American plate moving in
Lisa [10]

Answer:

Virgin river, western direction.

Explanation:

  • As lake quail is a dammed river and lies directly over the San Andrea fault and transform boundary with the North American plate on the northward side and the pacific plate on the southern side and a stream rises in the Pine Valley Mountains and flows to the southeasterly direction.
  • The pacific plate is moving in the northwest direction due to the seafloor spreading from the eastern pacific rise. while the North America is being pushed to the southwest due to the spreading of the seafloor in the mid-Atlantic ridge.
4 0
3 years ago
Other questions:
  • Which ancient cilvilization relied on underground rivers
    10·1 answer
  • The Sahara divides the continent of Africa into north and south sub-Saharan Africa. true or false?
    9·2 answers
  • PLEASE HELP 20 POINTS!!!!!!!!!!! T or F to the last one PLEASEEEEEE!!!!!!
    8·2 answers
  • An area with a high population density has _____.
    10·2 answers
  • What is the domino theory and what does it have to do with the Vietnam war?
    7·1 answer
  • In your own words, explain how phylogeny provides reliable information about evolution of life on Earth.
    15·1 answer
  • Which photo shows evidence of an area of rock that has been stretched by movements of earth’s crust?
    13·1 answer
  • Is credited for mapping the North Pacific Ocean's floor that revealed the process of Oceanic Floor Rifting. The Oceanic Floor Ri
    9·1 answer
  • Fill in the blank with the terms: Weathering, Erosion, or Deposition that best describes each sentence.
    5·1 answer
  • What is considered a pull factor for potential immigrants to Canada?
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!