Give me 5 min ill come back with the answer
Answer:
False
Explanation:
The global economies that can exist in a country are divided into three:
a. Pure market ( free market economy
b. Command economy
c. Mixed economy which consists of both the pure market and command economy).
The pure market( free market ) economy is also referred to as the economy that has capitalism present in it.
Pure market economy is the economy practised by a country whereby owners of businesses can make their own decisions independent of the government. The government has no influence on the running of the firms or the value been placed in the products the firm produces. In a pure market economy, goods and services are exchanged voluntarily. Buying and Selling of goods and services are carried out in a competitive markets.
The raw materials or resources needed, are given to firms with high prices and a high production capacity that meets the needs of the country.
Pure market economy is not regulated by the government and it occurs in Democratic governments.
Not all global economies practise the pure market economy. An example of a country or global economy that practises the pure market economy is the United States of America.
I don’t know what to say but I’m just gone freestyle where I’m from
Many critics believe that the policy of the British government during the Irish Famine: <span>A) contributed to food shortages
During the Irish Famine, many people suffered due to the food shortage that caused by massive increase in population due to a constant flow of Immigrants from Ireland. The landlords and the wealthy of course kept a massive food supply within their reach and the British Government basically did nothing about it.</span>
He was good to his people and helped to keep the economy stable.
