Externality An economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume. When the production or consumption of a good or service has an effect upon a third party. Failure of the market to achieve a social optimum where MSB = MSC
The answer is a)produce or consume
Answer:
The answers of the question are given below.
1.Capital= Money put into a bank or company for the purpose of making profit.( Capital is an economic term which is used in the banking. Capital is constant until it is taken by the owner,and based on the capital the owner will receive the interest)
2.Embargo= Refusal to trade goods with another nation.( When the relation between two country becomes cold the business between the countries also get restricted. When a country decide to not to sell goods in the other country is known as embargo)
3.Globalization= The process of conducting business on a global scale.( Globalization word is derived from globe or world which means connecting to the world)
4.Investment= Money that is used to produce greater wealth.(Investment is an economic term which is necessary to start any business. Because to start a business there is certain things to build which requires money and this is called as investment)
5. Socialism= An economic system where all the business is controlled by people share equally in the profits.( It is a theory where the state will control the production and the profit will be divided equally among the producers)
Explanation:
It was all of these countries that allied with Austria-Hungary during World War I. It was this complex system of alliances that had formed in the early 1900s that was partially responsible for WWI.
Answer:
Correct order is: B. Nobles –Peasants –Artisans –Merchants
Explanation:
In the Confucian society hierarchy was not strictly followed, but they believed that their is difference between upper class, consisted out of nobles and peasant and lower class, consisted out of artisans and merchants.
This is as we can see much different than most of Ancient Civilization, where peasants usually were not that high on the hierarchy.
All other options are therefore wrong.
First one , third one ,the fourth one an d the last one , please make me the brainlyest so I could help you more
