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.
The large open space in the Great Plain region in Canada is referred to as 'The Prairies'. The Prairies cover a vast area and include the provinces of Alberta, Saskatchewan, and Manitoba. The term 'prairies' essentially also refers to grassland.
Answer:
balance sheet filter
Explanation:
Balance sheet filter falls under the filter theory of mate selection which suggests that people use a filtering mechanism that enable them sort out a potential mate from a "pool of candidates.
Balance sheet filter is a method by which individuals select mates whereby individuals look out for reciprocity. This person looks at what someone can offer that he cannot find in anyone else.
Answer:
Increased awareness of the importance of designated drivers.
Explanation:
This was brought to law by the government in curbing the incidents of drunk driving fatalities. The importance of designated driver involves the person who is meant to drive him or others must be free from alcohol intake and being responsible for the safety of himself and others in the car. Punishments are usually meted out to those who flout this rule.
The Increased awareness of the importance of designated drivers has ensured that Drunk-driving fatalities have actually declined in recent years.
