Answer:Localized economies are less reliant on multinational corporations for their essential goods.
THE ANSWER IS A
Explanation:
Answer:
On November 19, 1794 representatives of the United States and Great Britain signed Jay's Treaty, which sought to settle outstanding issues between the two countries that had been left unresolved since American independence.
Two basic types of markets exist in any market economy: resource markets and product markets. The exchanges that take place in these markets benefit both the households and the firms that engage in exchanges. This lesson will introduce the circular flow of money, resources and goods and services in a market economy.
Answer:
Yes.
Insurance, by its very nature, socializes risks and losses while privatizing profits.
Explanation:
This has been the nature of insurance, health insurance inclusive. All insurance is about spreading (socializing) the risks so thinly that each affected person does not feel any heavy burden. A health insurance policy collects some amount of premium in order to cover unforeseen health risks for the insured. There is no policyholder who pays for the full cost of her policy. The cost is always spread out to the insuring public.
