B.to start and run a business
Answer:
It has increased presidential power by helping Presidents build support for their policies. The president is responsible for the execution and enforcement of the laws created by the Congress
The World Bank classifies the world's economies into four groups, based on Gross National Income per capita: high, upper-middle, lower-middle, and low income countries. Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries.
A developing country (or a low and middle-income country (LMIC), less developed country, less economically developed country (LEDC), medium-industrialized country or underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries
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When societies are using all available resources and technologies most efficiently, they are operating on the production possibilities curve.
<h3 /><h3>What is the production possibilities curve?</h3>
It is a graphic representation for the economic illustration of compensations and scarcity, that is, through this PPC graphic it is possible to analyze how in an economy production resources and technology are used through different combinations to guarantee greater efficiency in their use.
Therefore, the production possibilities curve ensures that the economy is balanced and limited in relation to the country's productive capacity, making the use of resources and technology more aligned with the amount of resources, production capacity and consequently increased effectiveness.
Find out more about production possibilities curve here:
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