Answer:
Entrepreneurs independently choose the field of activity, suppliers, contractors, markets. They have the right to engage in pricing, implement their long-term plans, as well as freely dispose of their property and income. The consumer in such a system is also independent. He is guided only by his needs and understanding of the marginal utility of the good. A market economy tends to self-regulate through a market mechanism. The gradual establishment of a balance of supply and demand contributes to the formation of equilibrium prices within which industries operate.
The internal rivalry of companies has a positive impact on the economic system of the country as a whole. Competition contributes to the expansion of production, its automation, optimization, implementation of innovative technologies and approaches to creating economic benefits. It encourages manufacturers to create exactly those goods and services that consumers need. Market self-regulation takes place through competition. The gradual establishment of the equilibrium of the system leads to a natural reduction in the cost of production, which in turn increases the wealth of the population and its degree of satisfaction with respect to the goods offered by the market.
Explanation:
Idk sorry buddy ,nihy hjbbhjhgjj, hb
Answer:
gold ,silver and coper im pretty sure
Explanation:
Slaves were forbidden to leave the owner's property unless they were accompanied by a white person or had permission so in other words to keep them in check.
The correct answer is D.
The factor of production called land involves all inputs and facilities that are natural hence, not artificially produced by humans (that would be the case of capital goods, such as machines, for example). Land refers to raw materials, minerals, energy sources and also both arable and constructible soils.
The retribution paid for this factor of production is called rent.
