When town commons were broken up into private lots each farmer had to bear all the costs and all the benefits of his choices about how many animals to graze
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What is private lots?</h3>
- When non-governmental legal entities own property, it is referred to as private property. Private property can be distinguished from collective or cooperative property, which is owned by a collection of non-governmental enterprises, and from public property, which is owned by a state agency.
- Capitalism, an economic system based on the private ownership of the means of production, is built on the principle of private property. Different political ideologies draw different distinctions between private and personal property, with socialist perspectives drawing a clear line between the two. Private property is a legal concept that is established and upheld by a nation's political system.
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Answer:
Final Value= $120
Explanation:
Giving the following information:
How much is $100 to be received in exactly one year worth to you today if the interest rate is 20%.
We need to calculate the future value of the principal and the compounded interest:
FV= PV*(1+i)^n
FV= 100*1.20^1= $120
Answer: Identify a career that suits your interests and that you can perceive as something you would do for the rest of your life.
Explanation:
To advance in a professional career it is necessary that the field in which the person wants to practice has been identified. The person needs to know what they want to do and once they know they will stay focused and work to scale in that area.
As the person gains more experience, they will be able to move forward but the important thing is that they are doing something that not only can give them an economic benefit, but also that they like and this helps to increase the commitment.
