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The following are the key terms matching their definitions:
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Command Economy: A system where the government tells producers what and how to
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Planned Economy: An economic system run by the government.
Socialist Regime:<u> </u>A system aimed at equality of wealth among its members.
Theory: An idea about how something should be organized.
Minimum Wage: The lowest hourly wage that can legally be paid to an employee.
Mixed Economy: A system that follows both free-market and command principles.
1. The rulers who came to power after Charlemagne failed to defend the empire.
2. Europe was threatened by Muslims, Magyars, and Vikings in the 9th and 10th centuries.
Answer:
Because the Caribbean invests a lot in tourism and transportation is essential in tourism.
Explanation:
The Caribbean region is very dependent on tourism and tourism, in turn is very dependent on an efficient and reliable transport network, where tourists will be able to move around the region with sufficient comfort and security. Without safe transport, the Caribbean region would not be able to maintain one of its main economic sources.
Answer:
i)Long-term problems include inadequate investment in deteriorating infrastructure.
ii) rapidly rising medical and pension costs of an aging population.
iii)sizable trade and budget deficits.
