De Beers
De Beers enjoyed dominant position and control of the
diamond industry. As a result, it held control of market supply and demand
dynamics and drove the diamond prices. This was as a result of massive diamond
discovery in South Africa.
Answer:
Consumers and producers in a free market economy are "free" to produce and consume what ever they want, and demand for products dictates production--whereas in a command economy, producers are told how much to produce by the government.
Explanation:
In a free market economy is where the individuals who are the producers, make their own decisions on what products to produce and sell.In this type of market, the government does not intervene. The advantage of this system is that producers have full control to produce products of their choice and they are more multivated to work and produce goods to earn money.This also boosts the economy growth by allowing the total control to the producers who produce goods according to the demand of the market.
Answer:
the Kings taxes people heavily to pay for magnificent palaces and other luxuries.
Explanation:
An experiment is a type of empirical study that features the manipulation of an independent variable, the measurement of a dependent variable, and control of extraneous variables.
What exactly is experimental research?
- A study that carefully follows a scientific research strategy is called experimental research.
- It consists of a hypothesis, a controllable variable, and variables that can be measured, calculated, and compared.
- Most crucially, controlled environments are used to conduct experimental research.
What are the four categories of experimental study?
- While experimentation as a whole encompasses this form of research, individual research designs have certain characteristics.
- The four main design types that are pertinent to user research are correlational, experimental, and quasi-experimental.
Learn more about experimental research
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