<span>Who is the present governor of RBI?
</span>Raghuram Rajan
This economic system is called<em> socialism.</em>
Socialism is an economic system where everyone in the society equally owns the factors of production. The ownership as such is in the hands of the<em> government</em> that controls all means of production and distribution of goods.
The factors of production are : land, labor, capital and entrepreneurship.
In a socialistic economy, the land is owned by the state and private property is limited and difficult to obtain. Labor is heavily regulated and most people are employed in state-owned companies. Workers do not have many rights and they have to obey the government which also decides what is being produced and in which capacity ( planned economy ).
Socialism does not reward people for being entrepreneurial and competitive as competition is no existing and everybody reaps the same benefits of their work.
Answer: A
Explanation: because thommas jefferson said so
Answer:
there are many advantages to renewable energy
Explanation:
Renewable energy won't run out.
Maintenance requirements are lower.
Renewables save money.
Renewable energy has numerous health and environmental benefits.
Renewables lower reliance on foreign energy sources.
Higher upfront cost.
Intermittency.
Storage capabilities.
Explanation:
because the seller increases the price of the products, because he or she can't go outside