Free market and laissez-faire are opposite for socialism as this type of market is free from the government control.
Explanation:
The free market and laissez-faire are the type of market in which government has no control. The decision of what t produce, how to produce, how much to produce and other decisions like price are decided by the producers itself only.
This type of market is opposite for socialism as the motive of this market is to profit maximization and not social welfare as it is out of from government control.
A. The Occupational Outlook Handbook
If the two nations trade, the trade price of wheat in terms of steel will be "greater than the domestic opportunity cost of wheat in alpha and less than the domestic opportunity cost of wheat in beta".
Opportunity cost speaks to the advantages an individual, financial specialist or business misses out while picking one option over another. While financial reports don't demonstrate opportunity cost, entrepreneurs can utilize it to settle on wise choices when they have different choices available to them.
A Security Vulnerability is a weakness, flaw, or error found within a security system that has the potential to be leveraged by a threat agent in order to compromise a secure network.
Vulnerability refers to "the great or country of being exposed to the opportunity of being attacked or harmed, either bodily or emotionally." A window of vulnerability (WOV) is a time frame inside which protection measures are faded, compromised, or missing. The expertise of social and environmental vulnerability, as a methodological technique, entails the analysis of the risks and assets of disadvantaged companies, which include the aged. The method of vulnerability in itself brings first-rate expectations of social coverage and gerontological planning. Varieties of vulnerability include social, cognitive, environmental, emotional or navy. When it comes to dangers and failures, vulnerability is an idea that links the relationship that people have with their environment to social forces and establishments and the cultural values that maintain and contest them.
Learn more about Vulnerability here
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