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Answer:
CSRS pensions equal 1.5% of high-three average pay for each of the first 5 years of service, 1.75% for the 6th through 10th years, and 2.0% for each year of service after the 10th year. This formula yields a replacement rate of 56.25% for a worker who retires with 30 years of service.
Explanation:
Communism leads to slow economic growth, lack of motivation and less competition between the entrepreneurs.
<h3>What is Communism?</h3>
Communism is the economic theory derived by the Karl Marx which is based upon the class less society in which everyone is equal. It says that the means of the production is owned by the government.
The disadvantages of the communism is that government will be holding the property that means there will be no or less competition between the entrepreneurs. It will lack the free of speech.
The economic growth of the country will slow down leading to the political repression. The countries that followed the approach of the communism is Russia and China.
Learn more about the communism here:
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Previous to having Nutrition Facts, companies would secretly put extremely harmful chemicals and other harmful things into the food. To prevent harmful things from happening, a law was made so that companies would have to state the materials they put into the food.
California Trail.
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