Imagine that you have opened a factory. You have decided to produce bicycles. You can produce as many bicycles as you would like
, but government regulations prevent you from charging more than $200 for your bicycles, in order to protect competition in the marketplace. Which statement correctly names this type of economy and explains its democratic benefit? A market economy protects the rights of the individual over what is best for corporations. A market economy limits what companies can do or sell and keeps individual rights intact. A mixed economy offers some protection for consumer rights but still allows a good deal of choice. A mixed economy allows free competition to determine how best to treat consumers without limiting corporations.
The correct answer is: " A mixed economy offers some protection for consumer rights but still allows a good deal of choice"
In a mixed economy markets operate under the supervision of governments and economic authorities that intervene to soften inequalities and unfair outcomes.
On one hand, economic decisions are reached by the interaction of individuals, firms and goverment in the markets. But, on the other hand, economic authorities implement income redistribution systems that reduce income inequalities and generate fairer market outcomes for all the individuals that conform the society.
Cohabitation is an arrangement where two people are not married but live together. They are often involved in a romantic or physically intimate relationship on a long-term or permanent basis.
A democratic style of leadership is useful when all team members "<span>do not require supervision". This is mainly because for a democracy to work, each individual needs to be responsible enough to make informed decisions. </span>
How did a temple communicate the importance of a king? Answer: Temples were constructed as places of worship and are meant to demonstrate the power, wealth and devotion of the patron. The temples were miniature models of the world ruled by the king and his allies.
It was established by the Virginia Company of London as "James Fort" on May 4, 1607 O.S. (May 14, 1607 N.S.), and was considered permanent after a brief abandonment in 1610.
