Individualism and collectivism <span>deal with the levels of independence and interdependence that people in a society possess and encourage.
In individualism, poeple will only dependent on their self and works to achieve personal benefit. In collectivism, on the other hand, people will rely on one another and work to achieve what best for the group as a whole.</span>
Answer:
Understanding Economic Efficiency When an economy is economically efficient, any changes made to assist one entity would harm another. In terms of production, goods are produced at their lowest possible cost, as are the variable inputs of production.
Explanation:
Political trends regarding the level of government involvement in social issues are reflected by the success of conservative or liberal perspectives in political parties, in the sense of favoring greater or lesser government involvement in social issues.
The liberal perspective favors greater government regulation in the marketplace and less government involvement in personal privacy issues. Liberalism is only in favor of government intervention of private property rights and freedom.
On the other hand, from the conservative perspective, there is a favoring of lesser government protectionism in the market, private property and trade.
Regarding social issues, the conservative ideology favors the government to be less involved in decisions so that greater social and economic equality is achieved.
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The form of money that is inconvenient to have, but does the best job at controlling spending is known as the commodity money.
<h3>What is money?</h3>
It should be noted that money simply means a medium of exchange and a means of payment.
In this case, the form of money that is inconvenient to have, but does the best job at controlling spending is known as the commodity money. It's value is based on the commodity that's it's made from.
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The Black Land was the only ground the Egyptians could use to grown crops. Every year a layer of black silt deposit appeared after the flooding of the Nile which made the ground real fertile for their crops.
