Answer:
Answer is in explanation
Explanation:
In a command economy, the government determines what is produced, how it is produced, and how it is distributed. Private enterprise does not exist in a command economy. The government employs all workers and unilaterally determines their wages and job duties. Some advantages can be less inequality because the government controls the means of production in a command economy, it determines who works where and for how much pay. This power structure contrasts sharply with a free market economy, in which private companies control the means of production and hire workers based on business needs, paying them wages set by invisible market forces. Low Unemployment Levels, Unlike the invisible hand of the free market, which cannot be manipulated by a single company or individual, a command economy government can set wages and job openings to create the unemployment rate and wage distribution that it sees fit. Disadvantages can be Lack of Competition Inhibits Innovation, Critics argue that the inherent lack of competition in command economies hinders innovation and keeps prices from resting at an optimal level for consumers. Although those who favor government control criticize private firms that esteem profit above all else, it is undeniable that profit is a motivator and drives innovation. At least partly for this reason, many advancements in medicine and technology have come from countries with free market economies, such as the United States and Japan. Inefficiency, Efficiency is also compromised when the government acts as a monolith, controlling every aspect of a country's economy. The nature of competition forces private companies in a free market economy to minimize red tape and keep operating and administrative costs to a minimum. If they get too bogged down with these expenses, they earn lower profits or need to raise prices to meet expenses. Ultimately, they are driven out of the market by competitors capable of operating more efficiently.
The correct answer would be, Take Over.
Imagine you are the owner of a business that makes cell phone covers. You have the opportunity to purchase other companies that make the same product as you. Eventually, you own all the major cell phone cover companies in the US. Take over principle is explained by the above scenario.
Explanation:
When one company, purchases another company, it is called as take over. Take overs happen when a comparatively larger company purchases the smaller company.
Take overs can happen in a friendly and welcoming environment, and also can happen in a hostile or unwelcoming condition or situation.
So when you purchase the other companies which are in the same business as you, because of any reason, this is called as take over.
Learn more about Take over at:
brainly.com/question/14473281
#LearnWithBrainly
<span>Assuming that this is referring to the same list of options that was posted before with this question, <span>the correct response would be the "Ancient Greeks," since they were the leaders of trade in the Mediterranean Sea. </span></span>
Imposed duties are duties, the burden of which is imposed upon a person. They are those duties of a municipal corporation which are superadded to merely governmental functions, like the special private corporate duty to maintain streets in a safe condition for public travel, or the special, private corporate duty to maintain and manage corporate property so that city employees shall have safe places in which to work.
3,Nixon was impeached, so was Johnson, Clinton was tried in senate<span />