Answer:
either the first or the third one
Explanation:
What are the choices for it
Answer: Effective but not efficient
Explanation:
Something is effective if it can help achieve a specific goal, delivering the expected outcome, while something is efficient when it provides the best possible outcome with the least waste of resources.
Something can be effective but not efficient.
Mary´s work is effective because it delivers the best cakes, but inefficient since three cakes get wasted.
<span>The three basic economic systems are Market
Economy, Mixed Economy, and Planned Economy. Basically, an economic system refers
to the different systems of production, allocation of resources, exchanges, and
distribution of goods and services. This happens in almost all societies but differs
in the policies that are being implemented and followed.</span>
Economic factors including especially the level of technology attained by a particular society and the economic relations into which men enter on the basis of that technology exert a decisive influence on the course of political, social, and intellectual evolution is known as economic interpretation.
<u>Explanation:</u>
An Economic Interpretation of the Constitution of the United States argues that the structure of the Constitution of the United States was motivated primarily by the personal financial interests of the Founding Fathers; Beard contends that the authors of The Federalist Papers represented an interest group themselves.
Basically, Beard argued that the U.S. Constitution was adopted in order to protect the rights and interests of the wealthy, upper-class members of society. The 'Founding Fathers' were members of this upper-class group.
