Answer:
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Explanation:
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Answer:
Entrepreneurs independently choose the field of activity, suppliers, contractors, markets. They have the right to engage in pricing, implement their long-term plans, as well as freely dispose of their property and income. The consumer in such a system is also independent. He is guided only by his needs and understanding of the marginal utility of the good. A market economy tends to self-regulate through a market mechanism. The gradual establishment of a balance of supply and demand contributes to the formation of equilibrium prices within which industries operate.
The internal rivalry of companies has a positive impact on the economic system of the country as a whole. Competition contributes to the expansion of production, its automation, optimization, implementation of innovative technologies and approaches to creating economic benefits. It encourages manufacturers to create exactly those goods and services that consumers need. Market self-regulation takes place through competition. The gradual establishment of the equilibrium of the system leads to a natural reduction in the cost of production, which in turn increases the wealth of the population and its degree of satisfaction with respect to the goods offered by the market.
Explanation:
<span>he North American Free Trade Agreement, or NAFTA, is a three-country accord negotiated by the governments of Canada, Mexico, and the United States that entered into force in January 1994. ... NAFTA fundamentally reshaped North American economic relations, driving an unprecedented ...</span><span>
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Answer:
It broke apart
Explanation:
Starting in 1989, the USSR started to suffer from extreme political instability. This was due to restrictions on censorship and the economy. Around this period is when the SSRss, (Soviet Socialist Republics, essentially states) started to break away. This culminated in 1991 when the entire Union collapsed and it became a Democracy.
1.They had to switch to a specific school 2.certain schools had more money than other schools based on race