Strengths
The main benefits of a market economy are efficiency gains, productivity, competitiveness, and creativity.
Weaknesses
The drawbacks of a market economy, on the other side, include fierce rivalry, subpar conditions of employment, environmental damage, and economic inequality.
This is further explained below.
<h3>What is
a market economy?</h3>
Generally, an economic model in which privately held companies engage in unrestrained competition to set pricing and output.
In conclusion, Strengths
Gains in productivity, competitiveness, inventiveness, and efficiency are the primary advantages of a market economy.
Weaknesses
On the other hand, a market economy has disadvantages such as intense competition, poor work conditions, environmental harm, and economic inequality.
Read more about the market economy
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Answer: William’s attorney indicated the parties should sign an agreement before the two get married that clearly states the ownership rights each party enjoys in the other party's property. This is known as a:
PRENUPTIAL AGREEMENT.
Explanation: A prenuptial agreement, antenuptial agreement, or premarital agreement (PNA), commonly abbreviated as prenup, is a contract entered into prior to marriage, civil union, or any agreement prior to the main agreement by the people intending to marry or contract with each other.
The content of a prenuptial agreement can vary widely, but commonly includes provisions for division of property and spousal support in the event of divorce or breakup of marriage.
In the modern world, I would call them "diaspora" or " commonity" as in "Japanese community in the US"
In historical time it could be the "colonisers": especially if they still respected their original country's power over them rather than the local authorities.
Answer:
life goes onionnoinonoinoinoi
