Answer:
Mixed economic system
Explanation:
A mixed economy is an economy systems that combine both the attributes of capitalism and socialism. That is some of enterprises of the economy are owned and controlled by the government while the rest are left in the hands of private individuals. In some instances, both of them participate in a sector of the economy. For example, in the Nigeria's electricity sector, the federal government generates electricity while private individuals distribute it.
Further explanation for a better understanding:
Basically, there three types of economic system: capitalism, socialism and mixed economy.
Capitalism is an economic system in which the control of trade and industry is in the hands of private individuals. That is, these private individuals are the owners of means of production and the profit that may be derived from them. It believes that the government should not have any hand in running the economy but just concentrate on politics. The main characteristic of the system is that price is used in allocating the resources of the economy.
Socialism is an economic system in which the control of trade and industry of country is left in the hand of the community as a whole which is the government. That is, the means of production, distribution, and exchange are owned and controlled by the government. The main characteristic of the system is that government determines how resources are allocated in the economy.
A mixed economy combines both capitalism and socialism as explained above.
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Answer:
The answer is incubation process of creativity
Explanation:
This example shows an individual in the stage of the creative process called incubation. Because it is related to her intuition and insights about what she knows and intents to her presentation.
Answer:
point-of-sale systems
are critical for capturing sales data, and are usually linked to systems which manager a firm's inventory.
Answer:
No
Yes
No
b. Yes
Explanation:
When value of Cp is greater than 1 the process is considered capable.
If the value of Cp is less than 1 the process is not considered capable
When the value of Cp = 1 the process is considered stable.
Cp = USL - LSL / 6 * Standard deviation
Cp Armand = 45 - 32 / 6 * 3.0 = 0.72
Cp Jerry = 45 - 32 / 6 * 2.0 = 1.08
Cp Melissa = 45 - 32 / 6 * 3.1 = 0.69
Armand and Melissa are not considered capable. Jerry is capable
Cpk has only positive values. Lowest is the zero. The Cpk value can be greater than Cp for a participant.