Answer:
An economic system is any system of allocating scarce resources. Economic systems answer three basic questions: what will be produced, how will it be produced, and how will the output society produces be distributed?
There are two extremes of how these questions get answered. In command economies, decisions about both allocation of resources and allocation of production and consumption are decided by the government. In market economies, there is private ownership of resources—established though property rights—and the factors of production and consumption are all coordinated through markets. In a market system, resources are allocated to their most productive use through prices that are determined in markets. These prices act as a signal for buyers and sellers. Most economies are mixed economies that lie between these two extremes.
In either system, a rational agent would allocate resources and production using marginal analysis. In command economies, this is more difficult to do because without markets, prices fail at being an effective signal.
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Cold calls and telemarketing have become less popular over time, primarily because their success rate is fairly.
Answer: Option A
<u>Explanation:</u>
Cold calls are basically random telephonic or mobile calling for advertising the products to the call attainder while telemarketing is advertisement by launching clips, videos and images through different TV channels.
But now they have become less popular overtime because their success rate is fairly. Now internet banking and UPI services promote online shopping with savings and cashback, provide more employment and easy to access.
<em><u>media ownership</u></em><em><u>- "Print or Broadcast media are normally owned by individuals, government, group of individuals, etc. Ownership of the media is the paternity or possession of a medium of communication."</u></em>
1)it affects voters and polls and has a big role in politics
2)provides a voice that has diversity (some stations remain unbiased)
3)can be conveyed through media(tv),books, magazines/newspapers,devices, and softwares.
<em><u>mainly for the general media and mass community through internet and publicity </u></em>
<em>SOURCE: https://study.com/.../what-is-mass-media-definition-types-influence-examples.html</em>
