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.
The correct answer is <span>(2) unfair policies of taxation
Unfair policies of taxation existed because the government was running out of money since the monarchy was spending it all on their own goods as if the budget was their own wallet. Because of this, the meeting happened and they decided to protest and stormed the Bastille eventually which led to the capture and the execution of the King.</span>
Answer:
The Korean Peninsula is located in East Asia. To the northwest, the Armonk River separates the peninsula from China and to the northeast, the Dumas River separates it from China and Russia. The peninsula is surrounded by the Yellow Sea to the west, the East China Sea and Korea Strait to the south, and the Sea of Japan to the east.
Explanation:
hope this help
It was named after the mayor in 1980
