<span>Economic planning is a resource allocation mechanism that is contrasted with the market mechanism. As a coordinating mechanism for socialist economics, economic planning substitutes factor markets and is defined as a direct allocation of resources. This is contrasted with the indirect allocation mechanism of a market economy. There are various types that economic planning procedures and forms planning can take.</span>
They all believe in a God and that their is a messiah
Answer: According to the law of demand, price and quantity move along a track in the same direction.
Explanation:
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Answer:
a. Latent dysfunction
Explanation:
Translated into the term used by functional analysts, Marx s statement that capitalism has within it the seeds of its own destruction is an example of a <u>latent dysfunction</u>. Latent dysfunctions are unintended consequences that are harmful to a system. The destruction of capitalism will be harmful and according to Marx, capitalism carries within it the seed of its destruction, its destruction is a latent dysfunction.