Answer:
Governments intervene in markets to address inefficiency. In an optimally efficient market, resources are perfectly allocated to those that need them in the amounts they need. ... Inefficiency can take many different forms. The government tries to combat these inequities through regulation, taxation, and subsidies.
Explanation:
Because it helps identify the feelings and behavior of a polictical citizen. It also refers to the beliefs of a person polictical and social change
Answer:
State whether the following statements are true or false by writing ‘T’
against true statement and ‘F’ against false statement.
i. A doctor attending to patients in his/her clinic is engaged in an
economic activity
ii. A mother stitching clothes for her children is engaged in an
economic activity.
iii. A tailor stitching clothes for his customers is engaged in an
economic activity.
iv. Distributing food to beggars outside the temple is a noneconomic activity.
v. Sachin Tendulkar playing cricket for the country is performing
a non-economic activity.
Answer:
misunderstandings
Explanation:
if people were to communicate in a wrong way, the other person of the third party might misunderstand and might possibly create a quarrel over something small,
