Answer:
Explanation:
We need them because each currency up or down movement against every other currency may be different at different times. This allows each country to adjust its standard of living according to how its currency is fairing against the currencies of its major trading partners.
Answer:
Market
Explanation:
Here are a brief difference between the four systems.
Market : People/the Private sector control the supply/demand along with factors of production
Command : Government control the supply/demand along with factors of production
Mixed : Both the Government and the people control the supply/demand along with factors of production
Traditional : Traditions control the supply/demand along with factors of production
Under the Full market economy, people have the full freedom to determine the outcome in the market. The resources such as land, materials, and skills will be privately owned and the government has no influence within the market.
One advantage of this system is that the winners of the competition in the market will accumulate high amount of wealth in relatively fast period. But on the downside, lack government involvement often turns the competition dirty and those who hurt other individuals in the process wouldn't receive any repercussions.
Heyy it would be Shale :)
Answer:
In a traditional economy they rely on specific beliefs and they stick to them. There fore they may be more old fashioned and because of this less open to trying to convince them to change.
The Spiderwoman Theater is founded by a Native American
which is also a feminist theatre company. This theater combines feminism,
storytelling and other traditions in theater which is in celebration of
American Indian women. The name of the company was derived from the name of a
deity in the Hopi mythology.
