A centrally planned economy opposes individual choice in comparison to a market economy.
In a centrally planned economy, a government entity decides how resources within a society will be distributed. For example, in a perfect centrally planned society, all families with 4 members in the household would receive the exact same products.
However, in a market economy, individuals make decisions for themselves regarding what resources they want/need to purchase. This market economy is based more on the capital (money) that individuals possess.
<span>The
challenge that early farmers did not face as a result of the change from a
nomadic lifestyle to an agricultural lifestyle could be early death caused by
disease. Because in agricultural lifestyle, the nomads are now trying to
establish a boundary between their food to eat and food to sell or exchange. It
could also be a challenge for them to clear and cultivate lands because of the
lack of resources.</span>
The Declaration Of Independence was signed on July 4th, 1776 to declare freedom from British control.
