Characteristically, Command Economies are bad when it comes
to a person interested in making a profit; this is because they
typically center on economic equality and do not have economic efficiency. Speaking
in general, in a command economy, the allocation of resources is done by a
Central Planning Committee, and this system usually leads to quite a number of
shortages and/or surpluses in products since the demand/supply can be impulsive.<span> On the other hand, Market Economies are centered on profit-making
and Economic Efficiency.</span>
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Essentially, how well resources are distributed among the
public will determine how well people will be rewarded. Let’s take for instance,
a parking lot like downtown; characteristically, a market economy will likely focus
on how to place as many cars as possible in the lot and how to use the space to
its full capacity, while a Command will most likely try to apportion the space
so that (just for example) 3 small, 3 medium and 3 large vehicles are parked (economic
equality).
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<span>Finally, with a market economy, there is likely to
to be less shortages and less surpluses, since it works with the Law of Supply
and Demand in which an equilibrium price will be automatically established
through buying and selling.</span></span>
The industry in the United States has changed a lot for the past 50 years. For example, we have advanced technologies, such as robotics and computerized automatization, have transformed manufacturing in the region. Also, farming the region's factories produce greater quantities of goods with fewer workers that in the past.
Answer:
East Timor declared itself independent from Portugal in 1975, but was invaded by Indonesia. The country was later incorporated as a province of Indonesia. ... In 1999, in a UN-sponsored referendum, an overwhelming majority of East Timorese voted for independence from Indonesia.
Answer:
Growth through natural increase occurs when the birth rate exceeds the death rate. ... The United States has had declining fertility and mortality rates for most of this ... In the second stage of the demographic transition of these regions, ... The population growth rate is still high, about 1.4 percent in 2005.
Eminent Australian scientist Professor Frank Fenner, who helped to wipe out smallpox, predicts humans will probably be extinct within 100 years, because of overpopulation, environmental destruction and climate change
Explanation:
Answer:
It can cause desertification and releases greenhouse gases.
Explanation:
It releases greenhouse gases into the atmosphere, which causes warming. The process of greenhouse gases warming our atmosphere is called global warming.
Hope that helped!
