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.
Answer:
Explanation:
Many of us see “limited government” as equivalent to “small government.” We may also believe that implicit in the idea of limited government is that the government should have limited ability to regulate industry or the “free market.” But the true definition of limited government has a lot more to do with the Constitution than it does with the free market.
Answer:
the little rocks
Explanation:
because they get infront of the big rock
Since you don't specify in your question whether you mean any specific region, i will assume that it could be anywhere.
So let's take Indonesia as an example: the reform was only allowing logging in some regions, and not allowing logging outside of these regions.
The problem with this is that this is hard to implement and despite this prohibition, logging is still widespread everywhere.
