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jenyasd209 [6]
3 years ago
9

Socialism is __________. a) an economic system based on private property and market exchange. b) an economic system where the go

vernment owns property and controls production. c) an economic system organized without private property and based on the principle that individuals should be able to consume societal resources based on their needs, not their ability. d) an economic system where buyers, sellers, and producers engage in the exchange of commodities and services.
Business
1 answer:
Inessa [10]3 years ago
8 0

Answer:

The correct answer is B. An economic system where the government owns property and controls production.

Explanation:

Socialism is an economic system where everyone in society equally owns the factors of production.

Under socialism, workers are no longer exploited because they own the means of production. Profits are spread equitably among all workers according to their individual contribution. But the cooperative system also provides for those who can't work. It meets their basic needs for the good of the whole society.

The system eliminates poverty. It provides equal access to health care and education. No one is discriminated against.

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stealth61 [152]

The formula for discounted payback period is DPP = -ln (1 – Id/C) / ln (1+d), wherein I is the initial investment, d is the discount rate, and C is the cash flow. Substituting values, DPP = - ln(1-((0.12)($100)/$27)) / ln(1+0.12). Therefore, DDP is equal to 5.19 years.

5 0
3 years ago
some people have argued that the reported unemployment rate actually understates the extent of unemployment . explain this reaso
Ugo [173]
This is because the unemployment rate give only takes into account people that are unemployed and are looking for work. It does not account for those that are unemployed and have given up.
ex) A woman who looses her job because of technological advances is looking for work and is considered unemployed (taken into account), however a man who has tried looking for work after he was laid off has given up (not counted)
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5 0
3 years ago
During the current year, Ecru Corporation is liquidated and distributes its only asset, land, to Kena, the sole shareholder. On
statuscvo [17]

Answer:

c. Kena recognizes a gain of $30,000

Explanation:

cash  650,000 debit

  land 250,000 credit

  gain at disposal 350,000 credit

liabilities 500,000 debit

        cash        500,000 credit

Then, the company will close all account and leave kena account with a capital of 150,000 to mathc the remaining 150,000 cash

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4 0
3 years ago
Which model allows private companies to set up manufacturing units on prison grounds or purchase goods made by inmates in shops
nadya68 [22]

Answer:

private prison enterprise

Explanation:

A public jail is not a profit-generating enterprise. The eventual objective is to house jailed prisoners in an effort to rehabilitate them or remove them from the streets. A private jail, on the other hand, is administered by a business. That corporation’s final purpose is to profit from everything they deal in.

In order to generate money as a private jail, the firm gets into a contract with the government. This contract should indicate the basis for payment to the company. It might be based on the size of the jail, based on a monthly or annual predetermined sum, or in most situations, it is paid depending on the number of convicts that the prison holds.

As of 2019, there are around 116,000 inmates detained in private prisons, which constitutes 8 percent of the overall federal and state prison population.

Many of these jails save the government money, but others actually cost more per prisoner than a public institution would cost.

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3 years ago
How can learn about this app and it's functin any one looking forward to give me an idea​
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This app is like all the answers to what you need like math science English ETC it’s basically an app for Homework or Work
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