I dont either woe i wanna know to
Historians identify turning points and recognize that the choice of specific dates gives a higher value to ones narrative, region, or group
Command economy advantages include low levels of inequality and unemployment and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency
While there are several advantages to a traditional economy, these economies are not without their disadvantages. Because these economies rely on hunting, fishing, gathering, and the land in the form of farming, when the weather changes, the economy becomes jeopardized
A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims. According to neoclassical theory, mixed economies are less efficient than pure free markets, but proponents of government interventions argue that the base conditions such as equal information and rational market participants cannot be achieved in practical application.
If you're talking about factories back in the day…
Think of the Industrial Revolution. ESPECIALLY in England. People were flocking to big cities where factories were so they could get jobs. This caused over population and a lot of struggle.
Factories were overcrowded, dirty, and very "harsh". Children were a big issue during this time because owners used them for work and they were so young. There were a lot of injuries, fires, and such because of just the lack of control in factories.
Now a days, we have learned from our mistakes and made factories cleaner and MORE ORGANIZED.
