Small scale business ideas are
1- work in a home or any shop near you
Answer:
synthesis of chemical compounds with the aid of radiant energy and especially light especially : formation of carbohydrates from carbon dioxide and a source of hydrogen (such as water) in the chlorophyll-containing cells (as of green plants) exposed to light.
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Adverse selection describes situations when high-risk persons are more likely to receive insurance or when one bargaining side has important knowledge that the other does not. Our goal is to influence decision-makers, both inside and outside of government, to consider the future and adopt long-term plans.
When vendors and/or purchasers have different knowledge about a certain component of a product's quality, this is referred to as adverse selection. Thus, those who work in hazardous environments or lead high-risk lives are more likely to buy life or disability insurance, knowing that they will likely be able to use it.
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The US dollar savings will flow into Japan and put appreciation pressure on the Japanese Yen, resulting in a number of policy choices for Japan: 1, the Japanese central bank will interface the exchange rate between US dollar and Japanese Yen by buying and hoarding US dollars ; 2, the Japanese interest rate will also fall to counter the pressure of currency appreciation; 3, the Japanese central bank could increase monetary supply to deliberately increase inflation pressure.
Answer: resulted in a government failure since use of resources is now less efficient
Explanation:
Market failure is an economic situation when there is an inefficient distribution of goods and services which occurs in the free market. The main cause of market failure is disequilibrium as a result of distortion on the market.
When a public good that is worth $1 billion is not produced by the market, and so the government provides it, but at a cost of $3 billion, this attempt to correct a market failure has resulted in a government failure since use of resources is now less efficient. This is because the cost of the public good is more than its worth. This signifies wastage and results in government failure.
