A centrally planned economy opposes individual choice in comparison to a market economy.
In a centrally planned economy, a government entity decides how resources within a society will be distributed. For example, in a perfect centrally planned society, all families with 4 members in the household would receive the exact same products.
However, in a market economy, individuals make decisions for themselves regarding what resources they want/need to purchase. This market economy is based more on the capital (money) that individuals possess.
<span>If my memory seves me well, correct answer is (3) Works Progress Administration (WPA).</span>
Answer: A. There's limited wealth in the world.
Explanation:
Mercantilism was based on the notion that there was limited wealth in the world so countries needed to accumulated as much of it as possible.
For this reason, countries imposed high customs duties on imports from other countries so that people would not buy them and send money to their countries. At the same time they tried to export more so that countries would give them more of the wealth in the world.
The main objective of the National Origins Act of 1924 was to favor the immigration from Northern and Western Europe. The government did this to tighten the 1921 quota formula for immigration.
Answer:
Wolfgang Mozart, Ludwig Beethoven and Joseph Hayden
Explanation:
