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:
I say true, the government needs to be payed, and so does the public services.
Explanation:
Not always. It can if something is not done to help living in a poor neighborhood. If people who live like that can work together to help and move or fix it so they can live better, we all will be better off. Also schools wouldn't have to tolerate anymore bad behavior
Answer:The revolution led to America incurring much debt, Hamilton proposed the government clearing off this debts at phase value
Explanation:
One of the major problems on the table of President George Washington was how to deal with the economic effect that the revolution created. George Washington appointment Alexander Hamilton who came up with tackling first the public credit because the government had incurred much debt due to the revolution, He issued the federal government to pay off all debts at phase value to enhance the legitimacy of a new central government.
