Answer:
False
Explanation:
The global economies that can exist in a country are divided into three:
a. Pure market ( free market economy
b. Command economy
c. Mixed economy which consists of both the pure market and command economy).
The pure market( free market ) economy is also referred to as the economy that has capitalism present in it.
Pure market economy is the economy practised by a country whereby owners of businesses can make their own decisions independent of the government. The government has no influence on the running of the firms or the value been placed in the products the firm produces. In a pure market economy, goods and services are exchanged voluntarily. Buying and Selling of goods and services are carried out in a competitive markets.
The raw materials or resources needed, are given to firms with high prices and a high production capacity that meets the needs of the country.
Pure market economy is not regulated by the government and it occurs in Democratic governments.
Not all global economies practise the pure market economy. An example of a country or global economy that practises the pure market economy is the United States of America.
Answer:
Their is no difference between the fed and central bank except that the central bank is called "fed" in the U.S unlike how it is called in other nations of the world
Explanation:
The Fed (Federal reserve system) is the same thing as the Central Bank of the United State of America. It functions is the same but the name of the central bank in the United State is known as the Fed. It functions as the organ responsible for all monetary policies either through money supply, raise interest or lower it and any other policies to the growth and development of the economy of the U.S
However, it must be stated that there is no difference between the two other than the name that is called in the U.S
<em>Your Answer: </em>
C.) Disapproving <u>because King Andrew the First (The man in the picture) is holding a slip of paper that reads "Veto".</u> I have also attached the picture for reference.
Hope this helps y'all :)
I think the Chinese were the most important and the Koreans were not as important.
"Now Enkai lives at the top of Mount Kenya, and we Maasai still live below, herding cattle down in the plains. <span>It’s not a bad life, especially when Enkai is the Black God, providing for us."
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