Answer:
Entrepreneurs independently choose the field of activity, suppliers, contractors, markets. They have the right to engage in pricing, implement their long-term plans, as well as freely dispose of their property and income. The consumer in such a system is also independent. He is guided only by his needs and understanding of the marginal utility of the good. A market economy tends to self-regulate through a market mechanism. The gradual establishment of a balance of supply and demand contributes to the formation of equilibrium prices within which industries operate.
The internal rivalry of companies has a positive impact on the economic system of the country as a whole. Competition contributes to the expansion of production, its automation, optimization, implementation of innovative technologies and approaches to creating economic benefits. It encourages manufacturers to create exactly those goods and services that consumers need. Market self-regulation takes place through competition. The gradual establishment of the equilibrium of the system leads to a natural reduction in the cost of production, which in turn increases the wealth of the population and its degree of satisfaction with respect to the goods offered by the market.
Explanation:
Answer:
It is b
Explanation:
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It was very difficult to change membership in an estate.
Answer: Option D.
<u>Explanation:</u>
The french revolution was the time of huge social and political upheaval, instabilities and problems in France along with the colonies of France. It started from the beginning of 1789 and ended with the end of 1799.
During the time of french revolution it was very tough for the people of France to change their membership in an estate causing an increase in the problems that the people were suffering from.
Command economies<span> and/or </span>socialist economies benefit their citizens<span> theoretically by ensuring that nobody is poor or without basic needs of living.</span>
Answer:
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