It creates the possibility of companies, which are selling a certain product on a market which does not have any other producer, becoming and having the 100% of the market share.
This enables them to completely determine the price that can be very high as people will have to pay if they want to have this product.
It also enables them to determine various aspects about the quality of the product in general.
Usualy all this would be determined by the demand and competition. But in a command economy, all of it is determined by the producer. All the products can therefore look the same and don't need to be produced in excess but in just the right amount for the people which is obviously very hard to determine.
Because then there's no competitions for offices
Answer:
the missing word is intellectual development
Explanation:
Binet and Simon assumed that children generally follow the same path of intellectual development, so their primary goal in creating an assessment was to compare the mental abilities of an individual child with the mental abilities of other children in the same age category.
intellectual development means the growth of a child's ability to think and reason. It's also about how they organize their minds, ideas and thoughts to make sense of the world they live in for example how they begin to reason and argue, uses words like why and because.
He was a strong leader and was very smart
