The existence of periodic overproduction crisis is a main characteristic of the market economy system.
In general, the more than an economy can produce, the better as the GDP (Gross Domestic Product) figures increase, there is economic growth and high income and employment figures .
But if an excessive quantity of production is offered in the markets in relation to the amounts demanded, there will be situations of excess supply. If such situations cannot be balanced, a big crisis arises, as producers will have large unsold stocks, factories with an enormous capacity if compared to the amount they can sell according to the demand, and much more workers than they need.
In this situation many plants have to close down, workers are fired and sometimes even the whole business goes bankrupt.
The contradiction happens because high production figures are not leading to economic growth or recording positive figures. Alternatively, an overproduction crisis takes place with the very negative consequences described above.
Answer:
The various wars resulted from a wide variety of factors, including cultural clashes, land disputes, and criminal acts committed by both sides.
Explanation:
The most cities in the united states now have more radios but fewer radio repair shops than they did in 1960 because <span> radios are so cheap now that it's less expensive to buy a new one than it is to repair it. Thank you for posting your question here at brainly. </span>
They settled around the Mediterranean and Black sea, which helped spread culture.
Answer:
Alcohol
Explanation:
Alcohol has positive as well as negative effects on the healthy lifestyle of a person. People used it as a depressant. Alcohol slows down the activity of a person. The effect of alcohol depends on consumer capacity. Most of the people take it for enjoyment or loosen up the stress. When a person consumes alcohol more than capacity, it leads to the depressant. A person starts to lose control over things. More than capacity, if someone consuming the alcohol leads to the severe depressant condition. A person starts to feel vomiting, nausea, withdrawal symptoms, coma death, unconsciousness, etc. These all depend on the reaction of the person.
