A command economy is an economy in which production, investment, prices, and incomes are determined centrally by a government.
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Answer: True
Explanation:
Before 1994, the whites of South Africa enjoyed a lot of privileges and the blacks of South Africa were actively discriminated against. When came the time to draw up a new Constitution, the whites would have wanted to protect these privileges as much as possible and the blacks would have wanted to take back those same privileges.
Drawing up a Constitution that would accommodate both views must have been quite difficult because they oppose each other and needed a compromise. Essentially, there was a need to draw a Constitution that would not enrage either race such that open hostility erupted between either of them so this was also a matter of preserving the peace.
Silver and gold, wine, olives
Answer:
Explanation:
Production possibility schedule is the locust of points showing the various combination of goods and services that a firm or country can produce using the available resources and the most efficient technology.
Therefore the producer will have a comparative advantage when the opportunity cost is maximum.
Answer:
barter system.. hope it helps
