Answer:
Entrepreneurs independently choose the field of activity, suppliers, contractors, markets. They have the right to engage in pricing, implement their long-term plans, as well as freely dispose of their property and income. The consumer in such a system is also independent. He is guided only by his needs and understanding of the marginal utility of the good. A market economy tends to self-regulate through a market mechanism. The gradual establishment of a balance of supply and demand contributes to the formation of equilibrium prices within which industries operate.
The internal rivalry of companies has a positive impact on the economic system of the country as a whole. Competition contributes to the expansion of production, its automation, optimization, implementation of innovative technologies and approaches to creating economic benefits. It encourages manufacturers to create exactly those goods and services that consumers need. Market self-regulation takes place through competition. The gradual establishment of the equilibrium of the system leads to a natural reduction in the cost of production, which in turn increases the wealth of the population and its degree of satisfaction with respect to the goods offered by the market.
Explanation:
<span> he conquered the Medes and unified the two seperate iranian kingdoms</span>
American industrial production outpaced every other country in the world and this is the event of 1943 that helped make an Allied victory possible. The correct option among all the options that are given in the question is the second option or option "B". I hope the answer comes to your help.
Answer:
Many Americans learn about Boston, as it concerned with the dealing of the colonists and the British.
Explanation:
Boston harbour was the main port for exporting and importing goods and was an essential maritime shipping centre. Having control of Boston was an advantage for the British as they exercise the Stamp Act and the Townshend Acts. Boston Massacre occurred in Boston in 1770, when the colonists began to throw stone, sticks, and snowball at the British troops who posted in the city. The view soon became disordered, and the British guards fired shots into the crowd and killing five civilians.
The Boston Massacre encouraged the people to unite and a call for patriotism in the colonies.
