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.
Thomas Jefferson used the philosophies of John Locke for the Declaration of Independence. The words "life, liberty, and the pursuit of happiness" was an idea first stated by Lock in the Two Treatises on Government.
Answer:
yes
Explanation:
during war time pirates would take war supplies from ships causing a shortage of items so the government got involed to shut the the pirate industry
Answer is A. hope this helps you
