Market, planned, and mixed are three basic types of economic systems. A market system is a process where many actors are decision makers in the economy and both bid and ask, which helps bidders and sellers make deals. A planned economy is where decisions are made regarding production and investment are embodied in a plan formulated by a central authority, usually the authority being public like a government agency.
Consumers benefit from perfect competition because the produce they are buying slowly drops in price. When two companies fight and try to get the most sales they tend to lower their prices so that more people will go to them instead of the competition.
Answer:
The fall of man, or the fall, is a term used in Christianity to describe the transition of the first man and woman from a state of innocent obedience to God to a state of guilty disobedience. Although not named in the Bible, the doctrine of the fall comes from a biblical interpretation of Genesis chapter 3.
Explanation:
Answer:
A divided regional identity (with a bit of national unity) developed.
Explanation:
Politics: Some contributed (voting rights) to unity, others (nullification) clearly divided the country.
Economics: Market revolution was a bit of both but Tariffs and the clash between the industrial north and the agricultural south was dividing the country and contributed to a regional identity.
Foreign Policy: The war of 1812 united the country; the westward expansion was uniting and dividing at the same time.
As we take in account that Economics is always the most important thing for the general public, the regional identity grew more than the national unity did.
