While a market economy has many advantages, such as fostering innovation, variety, and individual choice, it also has disadvantages, such as a tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.
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Answer:
By the provision of Article 5 of the Articles of Confederation, Congress (House of Representatives and Senate) could not serve more than a six years term.
Explanation:
The Articles of confederation was written in 1771 and approved in 1781. The Articles of confederation which was the first constitution of America established an organ of government namely; the Legislature without an Executive organ. The Legislative organ of government is known as the Congress, made up of the House of Representatives and Senate.
It established a bicameral Legislative organ that had representatives from the 13 states at that time. Under the Articles, Congress got their powers from the powers directly delegated to them by the States. They could only function based on the delegated powers to appoint civil servants, declare war, take care of military affairs, etc.
The Articles of Confederation had its shortcomings, as it required more than 2/3 majority to pass a bill into law. The establishment of the United States Constitution ushered some reforms.
Answer:
company
Explanation:
if the company fails to pay its debts it sides to it's own problems and who pays the debts
