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:
The correct answer to your question would be D.
The Rape of Nanjing was significant because of the sheer volume of people who were massacred, because it was actually a direct act of manipulation and terrorism, these two things made also the United States more attentive towards the happening in the Pacific as it saw that the Japanese had an increased growth in influence over this region.
Answer:
Explanation:
Most of the revolutions of 1848 generally failed due to the conflicting philosophies of the revolutionaries and thus conservatives regained power. These revolutions represent the end of the age of Metternich.
Answer:
He helped sign the Declaration of Independence
Explanation:
