Answer:
An economic system is any system of allocating scarce resources. Economic systems answer three basic questions: what will be produced, how will it be produced, and how will the output society produces be distributed?
There are two extremes of how these questions get answered. In command economies, decisions about both allocation of resources and allocation of production and consumption are decided by the government. In market economies, there is private ownership of resources—established though property rights—and the factors of production and consumption are all coordinated through markets. In a market system, resources are allocated to their most productive use through prices that are determined in markets. These prices act as a signal for buyers and sellers. Most economies are mixed economies that lie between these two extremes.
In either system, a rational agent would allocate resources and production using marginal analysis. In command economies, this is more difficult to do because without markets, prices fail at being an effective signal.
Thank you and please rate me as brainliest as it will help me to level up
The correct answer is the information in the middle of the chapter.
This is because the primacy effect refers to something that you've read first, and the recency effect refers to something that you've read last. So the information you got at the beginning and at the end of a chapter will stick with you, whereas you are more likely to forget what happened in the middle.
Answer:
Correct answer is In the East China Sea is an island country known as Taiwan. Its capital is Taipei. It is a Chinese speaking country.
Explanation:
It is a rather small country, with a large population of more than 23 million inhabitants. Political status of the country is very peculiar as China considers Taiwan part of its own territory. Taiwan is also known as economical giant, having developed in last couple of decades.
<span>Awareness can begin for many different forms but empathy cannot exist first without it. In this case of the students, they came across an article that before it existed to them its message was unknown in their world. After reading the passage the value of voting clearly came from a level of empathy based on the obstacles the writer had over come. These students clearly had an open mind to begin. The thoughts in their mind may have been something in the realm of " This person nearly died for the right for something I can do at ease", " I would be irresponsible to not take advantage of my rights" and so on. We all live off of the backs of those in the past rather positive or negatively and those with an open mind more than likely will rise to the occasion.</span>
The middle colonies became know as the “breadbasket” colonies so they produced more wheat, barely & oats so the answer would be “b” - agricultural products like oats, barley and wheat
