Answer:Evensplitia operated SOCIALISM
Explanation:
Socialism is a political and economic system where every individual in the society controls the factors of production, it's means and distribution eg machinery, tools, factories used to produce goods to directly satisfy human wants and needs.
Here, ownership is acquired either through a democratically elected government or through a cooperative or a public corporation and everyone has shares.
Distribution decisions are made by the government or public corporation and individuals depend on the state for every basic thing. The government determines the output and pricing levels of these goods and services for the benefit of the community.
Answer:
This will create shortage and people will sell milk in black market at higher price.
Explanation:
Wildfires and mudslides have closed the highways. This created greater demand and short supply.
The equilibrium price increased to $7.
But the government imposed a price ceiling of $4.
At this binding price ceiling, the quantity demanded is more than quantity supplied.
This high demand would cause the suppliers to sell milk in the black market at a higher price.
A protectionism policy is any policy that is designed to reduce the competitiveness of foreign producers in the domestic market.
The protectionism policy helps to protect the domestic industries against the foreign competition through various means methods including
- Imposition of tariffs
- Subsidies
- Import quotas
- Trade restrictions.
The policy of protectionism are determined by the Federal government of the country to help reduce the importation or competitiveness of foreign company in the country's market.
In conclusion, the policy is known as a protectionism policy.
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The correct answer is A. Not secure.
A master plan is devised for long-range goals
