In a free enterprise system, what drives individuals to risk their savings in a business venture IS THE POTENTIAL FOR PROFITS.
In a free enterprise system, the forces of supply and demand is what determines what happen in the market, so there is a great potential for producers to make huge profits if they engage in producing the right products.The tendency of making profits is what makes many people to establish business in free enterprise system.
The answer to this question is <span>Hedonistic calculous
An example of jeremy bentham's approach would be in the case of robbery.
Most members of the society see robbery as 'immorals' because they felt 'negative' results if that action happen to them, so they judge it as morally wrong. This sense of morality certainly wouldn't be applied in action that give 'positive result', such as working out for example</span>
Answer:
money needed and job or type of employment
Explanation:
Many factors can be mentioned yet when considering to buy something usually money and job are key factors.
Trade-offs are also present in any decision:
Claud will consider how much money will cost and if the trade-off of buying the car will in the mid-long term compensate if she needs to restrain from buying other things and or begin saving for it gradually.
She will inevitably be unable to buy other things while that goal is in mind.
In some other cases, she can take into account if the need is real, and if the job or current activity she carries on will be overall improved by buying the car.
Answer: (C) Local government
Explanation:
The local government is one of the form of public administration and the main function of the local government is that it locally handle all the state laws.
The main responsibility of the local government is that it has authority for handling all the public activities. It is basically refers to the institutional unit which refers to the executive and the legislative authority in the small geographical area.
Therefore, Option (C) is correct.
Answer:
A country’s economic development is usually indicated by an increase in citizens’ quality of life. ‘Quality of life’ is often measured using the Human Development Index, which is an economic model that considers intrinsic personal factors not considered in economic growth, such as literacy rates, life expectancy, and poverty rates.
Explanation:
