The advantages of using election to fill offices is that the people voting will get a fair say in hiring the person. The disadvantages is that if, lets say if that person's friend is apart of the debating, that would be unfair, because if he doesn't have the skill, but his friend will vote for him because... well he's his friend, that would be unfair.
For the amount of soldiers on each side I think
Answer and Explanation:
Factors of production are resources or inputs put into the production of goods and services. There are four factors of production. They are: land, labour, capital and entrepreneurship
Land is considered a non depreciablle factor of production. It refers to all natural resources or gifts of nature and income from it is called rent.
Labour is human capital or input in production example workers in a factory
Capital is man made goods utilized to produce other goods
Entrepreneurship/entrepreneur is the factor of production that organizes the other factors of production and carries the economic risk
From the example, the factors of production include:
The forest with all the wood which falls under land factor of production.
Bill who falls under labour factor of production
His father's chainsaw which falls under capital factor of production
Bill's idea to use logs of wood for Christmas tree business constitutes entrepreneurship and Bill is also the entrepreneur here. This falls under the entrepreneurship factor of production
Answer: It has a market economy with no government regulation. This is the only system that can work with a government run by the people,
It has a command economy. A large nation like the United States needs the government to control all growth of business to prevent problems.
It has a traditional economy. Most communities are focused on providing their own needs with the resources available in the local area,
It has a mixed economy. The government protects individual rights, such as minimum pay for work and choices in goods and services.
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