B, Thomas Gibbons was allowed to operate his steamboats in New York.<span>
</span>
The
correct option is C.
When
governments may step in to resolve the market failure, the allocation of goods
and services by a modern mixed economy is not efficient.
<span>Because
they think that there assistance by putting legal maximum price that is price
ceiling, and legal minimum price that is price floor, will be helpful but
instead of this these prices just caused damage to individuals.</span>
Non farming activities are more profitable in economic sense and good for the environmental health.
Explanation:
Non-farm activities need to be encouraged in a big way. More farm activities (including animal farming) are putting burden on environment and excessive use of available land. Non farming activities are more convenient and can connect cities to the town and villages. It provides more earning opportunity with fewer resources.
Non-farming activities require financial stability/capital. Thus the government needs to be providing loans to the people who want to start their own business at a low interest cost.
