Government involvement in the economy as a solution to trade injustices.
Our country was created on the principle of economic liberalism, where the government cannot regulate our trade and its influence is limited to the protection of property rights. For years we have lived within this system and can we really say that it is beneficial?
The system of economic liberalism defends the idea that the trade itself will regulate itself, but this is only true for large companies that create monopolies, suppressing small companies, abusing workers and creating increasingly expensive products and services with qualities each smaller. This is due to the lack of government regularization, which creates captive and dissatisfied consumers.
Government participation in national trade is essential to maintain fair competition, support for small businesses and support for the rights of consumers and workers. This interference does not mean that there will be a lack of freedom, but an extension of the freedom and quality of services.
However, in order to implement this system in the country, it is necessary that there is first a political reform and that responsible politicians are chosen and that they efficiently understand the concepts that govern the government.
That was called the Roman Republic. consisting of two Consuls, elected yearly, a Senate, with a life term, and an assembly.
Answer:
the answer is Eastern Europe
Explanation:
it cannot be Russia because, Russia is a very big...
It cannot be Scandinavia because it is not
It is also not Causcasus because that is not located there
I also just took the quiz...
Command Economy also called Centrally Planned Economy
Economic effiency is achieved when a company manages to obtain a certain level or production at a lower cost, or a larger amount of production at the same cost level as before.
In order to do so, the firm can either decrease the price it pays for the factors of production used in manufacturing (for example, decrease salaries or decrease the amount paid to suppliers etc.), which it not always possible, or introduce new technologies that optimize the production processes. The introduction of robots, will allow the firm to produce, in the same amount of time, a greater amount of units of its products and using an smaller labor force (cheaper in terms of factors used too). <u>Therefore the firm will reach a higher level of efficiency and become more competitive when technological progress steps in the production processes. </u>