What is the division the labor to the civil war .
If a price control causes a surplus the market will become inefficient because:
1. The producer will manufacture the same amount of goods as he did previously but the surplus will increase its cost and the goods will not be sold in the market, it will result in the wastage of goods and resources if they are kept in one place for a long time.
2. The surplus will cause an equilibrium in the market in terms of supply and demand.
3. If the goods are not sold in the market for a long time, it will stop the circulation of money.
Meaning of Inefficiency :
It means the lack of ability to achieve a certain goal without wasting energy, resources and time.
The technical term is a democratic country. There are currently 123 democratic countries in the world. This is out of 192 countries. in a democracy the public can vote for their leader. But in a dictatorship, one person says how people should live in the country.
Answer: Liberals
Explanation:
The liberals is the term which refers to the political and also the moral philosophy on the basis of liberty and the equality.
The liberals follows the given specific principle according to the government that include the individual rights, democracy, gender equality, capitalism and the secularism.
According to the given question, the left end of the liberals political system, favors the government for improving the quality and increase the various types of social benefits such as taxes.
Therefore, Liberals is the correct answer.
