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lord [1]
3 years ago
6

Whatención is the difference between your hometowns location and your hometown location as place

Social Studies
1 answer:
Vika [28.1K]3 years ago
6 0
Differentiating the terms “location” and “place” is a bit difficult to state in words, most especially that the two have been used interchangeably by many. This comes as no surprise since most resources define “location” as “a type of place” while some definitions of “place” appear to be a type of locality, which is still very related to the term “location.” Nevertheless, the two must be understood as two different concepts.<span>

</span>
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EXTRA POINTS!! Explain the role played by consumers, business, and the government in a market economy. Hint: focus on the factor
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Answer:

In a market society, also known as "capitalism," the roles are very clear. Consumers have the role of effecting the consumption of products or services, thus acting as a thermometer for the market since it is from the tastes and options of the population that the market must be guided. The market, then, is the one that meets the demand and produces in order to raise customers and realize sales. The government is a manager, but should not interfere much with the functioning of the market. The government must manage and prevent unfair competition, harness currency strength and international competition.

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3 years ago
in which of the following economic systems is the "factors of production" privately owned? O Socialism O Capitalism O Traditiona
Luba_88 [7]

Answer:

Capitalism

Explanation:

<u>Capitalism is the economic system that puts resources, means of production, and property under the private ownership of the person</u><u>. It sees the market as the free place in which everyone can sell their own goods and which should not be under any supervision or coordination of the government. </u>

In such a system where everything is privately owned, there is a tendency for creating a competitive market and accumulation of capital. The idea is that all can get rewarded for the hard work and get to own their private property. Capitalism also claims that competition pushes innovation. Still, the problem remains that some people and companies tend to place monopoly over the capital and that by birth some people are prepositioned to own less than others.

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In Joe and Paulette’s marriage, Paulette does most of the housework and participates very little in major decision making. She p
Mekhanik [1.2K]

Answer: this example illustrates subjective measure of fairness

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In this case, each person has a different point of view of what is fair or equitable in a relationship.

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0 because i took them all

Explanation:

4 0
3 years ago
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