Answer:
A centrally planned economy, also known as a command economy, is an economic system in which a central authority, such as a government, makes economic decisions regarding the manufacturing and the distribution of products
Answer:
New England farms did not produce huge marketable surpluses of cash crops in quantities necessary to produce wealth.
A division of society based on social and economic status.
<span>The family studies are the type of study that would be most likely to compare unrelated siblings living in the same household.
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<span>The goal of the family study is to obtain in-depth
information on middle class, dual-career families and to understand the complex dynamics of today's families and the
strategies they use to balance the demands of work and family.</span>
Specialization refers to the process whereby a country or an individual decide to concentrate on production of limited variety of goods in which he has economic advantage and relies on other countries or individual for getting goods which he can not produce himself.
The advantage of specialization is that people become experts at what they do and produce quality goods. Specialization enable people and countries of the world to interact with one another.
An example of specialization in international trade is the production of cocoa bean which is used to make cocoa beverages by Nigerians. Nigeria cultivate cocoa beans and export it to Japan who supply them with electronic goods. <span />
