Answer:
Answer is in explanation
Explanation:
In a command economy, the government determines what is produced, how it is produced, and how it is distributed. Private enterprise does not exist in a command economy. The government employs all workers and unilaterally determines their wages and job duties. Some advantages can be less inequality because the government controls the means of production in a command economy, it determines who works where and for how much pay. This power structure contrasts sharply with a free market economy, in which private companies control the means of production and hire workers based on business needs, paying them wages set by invisible market forces. Low Unemployment Levels, Unlike the invisible hand of the free market, which cannot be manipulated by a single company or individual, a command economy government can set wages and job openings to create the unemployment rate and wage distribution that it sees fit. Disadvantages can be Lack of Competition Inhibits Innovation, Critics argue that the inherent lack of competition in command economies hinders innovation and keeps prices from resting at an optimal level for consumers. Although those who favor government control criticize private firms that esteem profit above all else, it is undeniable that profit is a motivator and drives innovation. At least partly for this reason, many advancements in medicine and technology have come from countries with free market economies, such as the United States and Japan. Inefficiency, Efficiency is also compromised when the government acts as a monolith, controlling every aspect of a country's economy. The nature of competition forces private companies in a free market economy to minimize red tape and keep operating and administrative costs to a minimum. If they get too bogged down with these expenses, they earn lower profits or need to raise prices to meet expenses. Ultimately, they are driven out of the market by competitors capable of operating more efficiently.
This question is incomplete because the options are missing; here is the complete question:
How did railroads spur economic growth and create new markets for products after the Civil War?
A. By linking the nation together
B. By reinvesting in other industries
C. By bringing immigrants west
D. By providing railroad land to settlers
The answer to this question is A. By linking the nation together
Explanation:
The creation of new railroads and the expansion of old railroads after the civil war was key in the economic growth and prosperity of the U.S. This is because the railroads connected or linked many territories that were previously isolated. This implied goods and raw materials could be easily transported, which increased production and trade. Moreover, there were new markets as territories connected integrated in trade. According to this, option A is correct.
As no presidential<span> candidate received a majority of electoral votes in the election of</span>1824<span>, the U.S. </span>House of Representatives<span> votes to elect John Quincy Adams, who won fewer votes than Andrew Jackson in the popular election, as </span>president<span> of the United States.</span>
The beginning of the Lutheran Church :)
