Answer:
1. Many of the laws protect the people
2. Property and explain it yourself
3. Women were treated bad
4. I dont remember
5. They were very harsh to make sure no one broke them
Explanation: I learned about it.. pretty easy subject
Command economy, economic system in which the means of production are publicly owned and economic activity is controlled by a central authority that assigns quantitative production goals and allots raw materials to productive enterprises.
So: China, North Korea, Taiwan.
A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ownership and private ownership, or free markets and economic interventionism.
So: Japan, South Korea.
Some pros and cons of the informal economy:
1.) What are the advantages of the informal economy? (Pros)
1.1) Tax free remuneration and paid immediately in cash
1.2) Entrepreneurial spirit and having more control over your own life due to independence
1.3)Occupational skill building
1.4) Employment arrangements are relaxed and comfortable
1.5) It is the best solution to a temporary problem
2.) What are the disadvantages of an informal economy? (Cons)
2.1) There are no benefits for employees
2.2) The security of the economy is not guaranteed / lacking
2.3) There is a very limited credit establishment opportunity
2.4) People tend to slack in their work ethic
2.5) Not reporting income carries with it a lot of risk and penalties
Inflation has been moderate in some industrialized countries since the 1970s because economists have started using more sophisticated monetary policy.
When prices increase gradually over a certain period of time, this is referred to as moderate inflation, gentle inflation, or creeping inflation. It increases customer expectations that product and service prices will climb more, which ultimately increases demand. In order to avoid the future price increases, consumers will make immediate purchases. In this sense, moderate inflation promotes economic growth.
In this instance, a nation's inflation rate climbs gradually but steadily over time, with the consequence of inflation not being obvious for a long time. Inflation never exceeds 3% during the course of a year.
Learn more about inflation here:
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Answer:
a) An ordinal scale of measurement
Explanation:
Naomi is doing a research based study on the effect of popularity on academic success. To help her out she has some elementary school students and these students will report on how popular each member in their class is.
So she uses these information from the students and she uses an ordinal scale of measurement to rank the students according to their popularity in the class.
Ordinal scale is a second level for measurement which reports the ordering and ranking of the information without actually considering the variation between the data or the information.
