The correct answer is a mixed economy.
A Mixed Economy is one where there is a mix of private and public enterprises present. Since the question indicated that there are private enterprises as well as public transportation and electricity, this is an example of a mixed economy.
A common goal , usually the three g’s God Glory and gold
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
Do the economic benefits of free trade outweigh the social costs?
Not really, and it all depends on the perspective.
From the big companies and industrial side, free trade has been a success. Free trade has allowed thousands of companies to export their goods with cero import tariffs, benefiting the income. It has allowed multinational companies to go abroad and establishing branches in different parts of the world, basically in underdeveloped nations.
Once there, they paid very low salaries, much less than what they should have paid in their former countries, That is a reason why they moved to underdeveloped countries. So cheap labor is one reason. And other these multinational companies freely exploit the many raw materials and natural resources of that underdeveloped country.
Meanwhile, free trade makes rich people and corporations richer, and poor countries and poor people continue to be as poor as they have always been. No serious progress at all,
<span>The Moroccan Crisis (1905-1906) was the first crises and was one of the long term causes of World War One. The fight over control of Morocco broke down the trust between the major European Powers. The second crisis was the Bosnian Crisis (1908-1909) and was caused by Austria-Hungary's desire to annex Bosnia-Herzegovina. This crisis led to the assassination of Franz Ferdinand which triggered the breakout of the war. </span>
Answer:
correct answer is the output of the economy will exceed its long-run potential output.
Explanation:
Unemployment is the state in which an individual does not have a job but is actively looking for one
At one stage of the economic cycle, economic growth is more than normal profit. It is an unstable and usually not permanent phenomenon. This means that for some amount of time the economy's estimate is higher than its estimate or normal output.
This is due to some favourable conditions, which help the economy to bounce higher than it projected and benefit people from time to time. The economy will return to normal soon with projected growth.
