In a market economy, competition is a crucial requirement. What is one benefit to fostering competition in an economic system?

Answers

Answer 1

One benefit to fostering competition in an economic system is that it affords consumers more choices in the quality and price of belongings they want to purchase.

A market economy is characterized as an economic system in which decisions regarding production, investment, saving, and distribution to consumers are driven by the price signals created by supply and demand.

In this system, pricing restrictions or contract freedom apply to all suppliers and customers. The economy in question must have competition.

An economic system benefits from more competition by giving consumers more choices about the caliber and cost of the things they wish to buy.

Learn more about Market economy here:

brainly.com/question/2421251

#SPJ1


Related Questions

When senator george mcgovern was the democratic party’s nominee for the president in 1972, who was the man nominated for vice president replaced by sargent shriver?.

Answers

After the convention, it came to light that Eagleton had been treated for depression back in the 1960s.

McGovern debated whether to keep Eagleton on the bill but eventually decided to switch Eagleton out for former aide Sargent Shriver. Sen. Gaylord Nelson of Wisconsin was invited by McGovern to serve as his running partner once it became clear that White's candidacy was unviable.

Senate  was considered by Nelson but rejected by McGovern. The Vice Presidency may be removed from power in two different proceedings under the United States Constitution. First, the vice president is impeached by the House of Commons, which does so by passing articles of impeachment with a simple majority.

To know more about senator George McGovern ,visit the link:

brainly.com/question/28096137

#SPJ4

do you think that the Zhou dynasty downfall results from it's method of control? why or why not​

Answers

Yes, the Zhou dynasty never established a strong centralized government was the reason for its downfall.

A centralized government is one in which both executive and legislative powers are centrally concentrated at a higher level rather than being dispersed among various lower levels of government. In the national context, centralization typically occurs with the transfer of power to a single sovereign state. Centralization saves money by avoiding administrative duplication. Policy reform and easier and faster implementation of policies when decision-making power is centralized. This avoids tensions between different governments.

Centralization can represent an oppressive system in which people cannot participate in decisions that affect their lives. For example, international organizations make rules that affect people who have no control over such rules. Examples of central governments with partially delegated authority are the governments of the People's Republic of China, Denmark, France, Georgia, Indonesia, Portugal, Spain, Ukraine, the United Kingdom, and Vietnam.

learn more about the government here https://brainly.com/question/1078669

#SPJ9

Can someone HELP ME PLEASE WILL GIVE BRAINLIEST AND 100 POINTS ALL THE QUESTIONS NEED TO BE ANSWERED
Picture 1 question 1

Describe the type of power most monarchs hold in the present day.


Picture 2 question 2

Explain why the article says a dictator can nearly never admit to being wrong.


Picture 3 question 3

How is parliamentary democracy different from presidential democracy?


Picture 4 question 4

What are the three ways authority can be distributed in government. (These are actual forms of government)


Picture 5 question 5

Who holds the power in a Unitary State?
a. State Governments
b. Local Governments
c. The National Government


question 6 no picture

Which form of government do you believe is the best? (Monarchy, Democracy, Confederation, Dictatorship) Why? (Use at least 3 sentences.)

Answers

Answer:

question 1

Except for few monarchs in Asia and Africa, most present-day monarchs only have symbolic power. They are rather symbols of their nations, icons of national unity and identity (Spain, Britain, Sweden, the Netherlands), or special representatives of historical continuity (Japan). Real power often lies in parliaments or prime ministers in those countries.

question 2

Dictatorship involves the rule of a nation disregarding the rules put in place and other peoples opinions on how the state should be run to fulfil a common cause. In a democratic government there is free expression thoughts and the laws and rules put in place are adhered to.this ensures that the nation progresses in the direction envisioned by the people collectively. dictatorship decisions are thus most likely wrong because they are made inconsiderate of the pleas of the citizens.

question 3

First, a parliamentary democracy is less likely to encounter gridlock than a presidential democracy is. In a parliamentary system, there cannot be a situation in which the chief executive is from one party while the legislature is (in whole or in part) controlled by a different party. This makes the parliamentary system more efficient.

question 4

1) unitary government; 2) federal government; and 3) confederation

question 5

c. The National Government

question 6

Democracy is the best type of government.

Democracy means “for the people, of the people and by the people”. Citizens choose their own government, allowing them to participate equally in the development of laws of the country. So, it is more accountable type of government.  

In dictatorship kind of government, there is rule of a single person leading to have power over small number of people and citizens have no say. Monarchy is a type of government which is led by kings and queens. Only the monarch has unlimited power in this case. Confederation is a sort of government in which a central government is given power for specific purposes by sovereign states.

Help me pls :( I will give u 5 stars​

Answers

Explanation:

b) an object made by a human being, typically an item of cultural or historical interest.

c) a building in which objects of historical, scientific, artistic, or cultural interest are stored and exhibited.

"The US is actually a Constitutional ________ not a democracy." what's the blank?

Answers

Answer:

country

Explanation:

Evaluate the extent to which trans-atlantic interactions from 1600 to 1763 contributed to maintaining continuity as well as fostering change in labor systems in the british north american colonies.

Answers

By causing the extinction of Native people, transatlantic interactions from 1600–1763 also contributed to altering labour arrangements in the British colonies.

Between 1600 and 1763, transatlantic interactions helped to maintain the British North American colonies' need for labour while simultaneously promoting changes in the sources of labour. While labour systems underwent modifications between 1600 and 1763 as a result of transatlantic interactions, their fundamental characteristics remained the same.

Native Americans and the first colonists made their initial contact through transatlantic interactions. By transatlantic interactions more settlers and indentured slaves arrived as it became clear that money could be produced by labour. Disease was killing off the Native Americans, thus indentured servants became a superior supply of labour. Slave demand soared as tobacco farming expanded during transatlantic interactions. Ending up with Trans-Atlantic interactions were buying slaves from Africa. Thus, by 1676, Black slaves converted to bulbouscause of labour after Bacon's Rebellion.

Learn more about Trans-Atlantic interactionshere

https://brainly.com/question/28102214

#SPJ4

What did the colonists ask the king in the Olive Branch Petition

Answers

King George III was urged in the Olive Branch Petition to acknowledge the colonists' English citizenship rights and to revoke the unfair legislation enacted by Parliament.

What is Olive Branch Petition?The Olive Branch Petition, written in 1775, was the Second Continental Congress' final attempt to encourage King George III of England to address the issues of the American Colonists and to resolve their disputes amicably.The Continental Congress' delivered Olive Branch plea was not even given consideration by King George III.The Olive Branch Petition was significant because King George and Parliament's rejection of it increased the standing and power of pro-independence leaders like John Adams and Samuel Adams.By addressing the appeal to the monarch rather than Parliament, the Continental Congress believed that he would understand their position, change his mind, and make peace with the colonies.

Learn more about Olive Branch Petition here:

https://brainly.com/question/2997080

#SPJ9

How did railroads affect western settlement in the late 1800s?

Question 6 options:

Railroads provided jobs and then connected markets throughout the nation.


Railroads transported most of the settlers to the West Coast where they started farms.


Railroads had little effect on settlement because most work was done through unions.


Railroads contributed to the discovery of minerals that brought settlers west.

Answers

The railroads affected the western settlement in the late 1800s as its provided construction jobs and then connected markets throughout the nation..

What birthed the railroads in 1800s?

The second industrial revolution, when there was advances in steel production, electricity and petroleum which caused a series of innovations also led to the boom of railroads in 1800s.

Apart from the fact that the Railroads provided jobs, brought in immigrant settlers, and connected markets. In the economy view, the railroads affected the western settlement in the late 1800s as its provided construction jobs and then connected markets throughout the nation. Therefore, the Option A is correct.

Read more about railroads in 1800s

brainly.com/question/28521457

#SPJ1

What claim does Larry Diamond make about democracy around the world? Explain in complete sentences.

Answers

Larry Diamond provided a summary of what, in his perspective, constitutes democracy. He defines democracy as a form of government that consists of four essential components:

(i) a system for electing and removing the government through free and fair elections;

(ii) active citizen participation in politics and civic life;

(iii) protection of all citizens' human rights; and

(iv) a rule of law where all citizens are treated equally under the law.

Larry Jay Diamond, a prominent modern scholar in the field of democracy studies, was born in the United States on October 2, 1951. Diamond is a senior scholar at Stanford University's Freeman Spogli Institute for International Studies, the primary international affairs research hub. Diamond oversees the Center on Democracy, Development, and the Rule of Law at the Institute.

Learn more about Larry Diamond here:

https://brainly.com/question/15170637

#SPJ9

Describing, Where did Paul travel on his two journeys? Which of the journeys was longer?

Answers

Answer:

Is tis about the Paul about the bible?

Explanation:

Paul who?

In what year was the Constitution signed by
delegates to the Constitutional Convention?

Answers

Answer: September 17, 1787

Explanation: On September 17, 1787, 39 of the 55 delegates signed the new document, with many who refused to sign objecting to the lack of a bill of rights. At least one representative refused to sign because the constitution codified and protected slavery and the slave trade.

Think about the story “Epic of Gilgamesh.” Explain how this story relates to the 8 features of civilization and what you learn about the society in Gilgamesh’s Kingdom. What do you learn about the role of the king versus the people?

no links pls <3

Answers

Following are 8 features of civilization in the society in Gilgamesh’s Kingdom.

Social Groups. Kings, priests, businessmen, farmers, and slaves. Cities. Hammurabi governed Babylon. Art/architecture. I'd like to thank life sculptures. public projects constructing public bathrooms, sewage systems, and buildings. specialized work. weaving, making ceramics, and farming. Complex government, writing, and religion.

Why is the story of Gilgamesh so important?

Gilgamesh became the first epic hero in world literature by defying death in the course of his quest for purpose in life. Every person who has contemplated life's purpose in the presence of death can relate to Gilgamesh's sadness and the concerns his friend's death raises.

The story of the valiant king of ancient Mesopotamia is told in The Epic of Gilgamesh. In addition to telling a tale of human relationships, emotions, loneliness, companionship, loss, love, and the fear of dying, Gilgamesh also has interactions with monsters, kings, and gods.

Learn more about the Epic of Gilgamesh here:

https://brainly.com/question/935265

#SPJ1

How did Britain's policy of salutary neglect contribute to the Revolutionary War?

Answers

Answer: The British policy of salutary neglect toward the American colonies inadvertently contributed to the American Revolution. This was because during the period of salutary neglect, when the British government wasn't enforcing its laws in the colonies, the colonists became accustomed to governing themselves

Explanation:

1. Which vase type was most often used a container for perfumed oil?
Olekythos
Okylix
O pyxis
Okrater

Answers

We can actually deduce here that the vase type that was most often used as a container for perfumed oil is: Lekythos.

What is Lekythos?

Lekythos was actually known to be a vase type used in the ancient Greek. This vase type was actually used for storing oil especially perfumed oil or olive oil.

This vase type is known to have narrow body and a handle that is usually attached to the neck of the vessel. The vessel is actually known to be a narrow type of vase, which is jug-like.

We see then that Lekythos is the correct answer.

Learn more about Lekythos on https://brainly.com/question/18402290

#SPJ1

What events of the early American colonial experience led colonists to believe they would have representative government?

Answers

The events of the early American colonial experience led colonists to believe they would have a representative government, the passing of the English Bill of Rights, and the philosophies of John Locke, Thomas Hobbes, and William Blackstone, all added significantly to the colonists' ideas about a representative government.

What is the term American related to?

Americans are the people generally referred to as the people of the United States of America.

The events of the early American colonial experience led colonists to believe they would have representative government is the passing of the English Bill of Rights, the signing of the Magna Carta by the king of the state, and the philosophies of John Locke, Thomas Hobbes, and William Blackstone, all added significantly to the colonists' ideas about a representative government.

Therefore, the above-mentioned events of the early American colonial experience led colonists to believe they would have a representative government.

Learn more about American here:

https://brainly.com/question/28613475

#SPJ1

What evidence is there to prove that race-based ideas about africans were not fully developed in europe in the sixteenth century?

Answers

The behaviors associated with African slaves were also associated with other groups of people.

What were African slaves?

From the time of its creation in 1776 until 1865, the legal institution of human indentured servitude included the enslavement of mostly Africans and African Americans—was common in the United States of America, mainly in the South. Throughout the period of European colonization in the Americas, servitude was created.

Therefore,

What evidence is there to prove that race-based ideas about africans were not fully developed in europe in the sixteenth century?

The behaviors associated with African slaves were also associated with other groups of people.

To learn more about African slaves from the given link:

https://brainly.com/question/396387

#SPJ4

How did propaganda and social pressure to conform affect the civil liberties of immigrants and dissenters during world war i?

Answers

Emotions were high in the United States during World War I. Americans didn't expect Woodrow Wilson to start a war with Germany while he was president since he was an isolationist. But when the U.S. got involved in the conflict they properly saw how it affected the people living in their own country.

America was not very cohesive, and discrimination against immigrants remained ongoing. There were problems with women and African Americans assuming the positions of men away at war. Laws and other measures that were later found to be unconstitutional were passed, removing the public's civil liberties. As a result, throughout World War I, propaganda and societal pressure to comply had a significant impact on the liberties of immigrants and dissenters in America.

Political leaders' speeches at the time were a common source of persuasion and influence among American residents. In this period of misery and uncertainty, Americans tended to follow their lead and share their viewpoints.

Political dissidents, leftist radicals, and pacifists were the most often targeted groups in federal prosecutions. In the end, thousands of people were charged; roughly 45% were found guilty.

To read more about dissenters refer:

https://brainly.com/question/232431

#SPJ4

increases in which of the following contributed most directly to the ideas expressed in the excerpt?

Answers

With regard to the the text "The Americans: Reconstruction to the 21st Century" the historical development that contributed most directly to the Market Revolution is the emergence and or increase in new forms of transportation.

It is to be noted that the options referenced are unavailable hence the general answer.

What is the explanation of the above concept?

A market revolution was revolutionizing American industry and worldwide trade in the 1820s and 1830s. Independent craftspeople were progressively supplanted by factories and mass manufacturing.

Farms flourished and produced items for distant markets rather than local consumers, exporting them via cheap transportation such as the Erie Canal.

The market revolution spurred tremendous economic expansion and increased personal riches, but it also created a rising lower class of property-less laborers and a series of severe depressions known as "panics," trapping many Americans in never-ending cycles of poverty.

Who benefited the most from the market revolution?

Most American farmers' living circumstances improved as a result of the market revolution. For example, a mattress that cost $50 in 1815 (when nearly no one possessed one) cost $5 in 1848. (and everyone slept better).

 

Learn more about Market Revolution in America:

https://brainly.com/question/14189684

#SPJ1

Urgent help needed. ​

Answers

Answer:

a: Boston

b: Plymouth

c: New York

d: Philadelphia

e: Washington DC

f: Richmond

g: Jamestown

h: Charleston

i: Savannah

Explanation:

Identify a POSITIVE impact and a NEGATIVE impact for each of the Western Industries in our Learn About It task. Impacts should be political, economic, or social.

1. Mining
2. Logging
3. Farming
4. Cattle Industry

Answers

1. mining

enabled huge public construction project

but caused pollution

2.

logging

allowed the making of paper: books & newspapers were the main source of communication for many years

but deforestation hurt forest ecosystems

3.

farming

provided food for millions

but

land was over used and hurt farming later on

4.

cattle

provided food for many people

but

over grazing hurt cattle farming & growing crops later on

The main reason the US automotive industry survived the financial crisis of 2008

Answers

Answer:The main reason the US automotive industry survived the financial crisis of 2008 was that it received government loans

Explanation:

The map shows the climate zones of the United States.

A map of the United States with climate regions labeled. Brown, semiarid; yellow, arid; light green, humid subtropical; dark green, marine west coast; orange, Mediterranean; light purple, humic continental (warm); dark purple, humid continental (cool); red, tropical.

What type of climate dominates the southeastern United States?

humid continental
humid subtropical
semiarid
tropical

Answers

Answer:

Explanation:

humid subtropical

Answer:

Your Correct Answer is SubTropical

Explanation:

Hope This Helps You out!

Under the _____, one chamber of the legislature was apportioned equally among states, while the other chamber was apportioned according to state population.

Answers

Under the proportional representation, one chamber of the legislature was apportioned equally among states, while the other chamber was apportioned according to state population.

The seats in the House are distributed based on state populations according to the constitutionally required Census, and the Constitution guarantees proportional representation in the U.S. House of Representatives. The Federal Constitutional Convention of 1787 included a number of key provisions, one of which was population-based representation in the House. A debate about the meaning of representation itself played a role in the American Revolution. Whether or not a British person could cast a vote for its membership, the House of Commons in England represented all British subjects. A form of election system known as proportional representation ensures that the elected body fairly represents each state populations of the voters.

Learn more about proportional representation here

https://brainly.com/question/27987112

#SPJ4

The Declaration of Independence elaborates on the rights and role of the people in building the foundations of the American nation through the principles of ____________ and consent of the people.

Answers

The Declaration of Independence elaborates on the rights and role of the people in building the foundations of the American nation through the principles of unalienable rights and consent of the people.

What is The Declaration of Independence?

The Declaration of Independence can be defined as a famous American document that was written by President Thomas Jefferson, so as to record the proclamation of the Second Continental Congress issued on the 4th of July, 1776, which declared all American Colonies free from Great Britain.

Basically, the Declaration of Independence is a public Act through which the American Colonies were legally and formally declared free from Great Britain by the Second Continental Congress on the 4th of July, 1776. Also, it was signed by the 56 delegates at the Second Continental Congress.

In conclusion, the Declaration of Independence specifies the principles of unalienable rights and consent of the people to build the foundations of the American nation.

Read more on Independence here: https://brainly.com/question/9515546

#SPJ1

Why did Parliament eventually repeal the Stamp Act, which taxed goods such as newspapers and playing cards?

Question 2 options:

The colonists established a blockade against British goods.


The colonists were able to produce their own goods.


The colonists began boycotting British goods


The colonists started destroying British goods

Answers

Answer:

the colonists began boycotting British goods

Explanation:

the main reason it was repealed was that the colonists were boycotting British goods, not to mention the growing violence executed by the colonists against the British authority

PLSSSS HURRYYYY GIVING MAX PTS

explain how the renaissance in their time used being extremely wealthy to their advantage

(World history)

Answers

Answer:

..

Explanation:

had their own approach of turning into wealthy such as working in massive industries e.g boat-making or producing wool.

*THIS SHOULD HELP*

How would you describe September 11th, 2001 as a turning point in U.S. history?

Answers

September 11th, 2001, was a turning point in U.S. History because it led to the U.S. being more active against terrorism which led to changes in both domestic and international policy.

How did the September 11th, 2001 attacks change the United States?

In order to ensure that the attacks of September 11th, 2001 never happened again, the United States introduced sweeping counterterrorism practices that infringed on the freedoms of many Americans. This was unprecedented in U.S. History.

The United States also became much more proactive in dealing with anti-terrorist attacks which led to the two major wars including the Afghanistan War and the Iraqi War. Both these wars cost a lot of American lives and resources and did not conclude well.

Find out more on the effects of the September 11th, 2001 attacks at https://brainly.com/question/27720927

#SPJ1

Choose two authors from the early American and Colonial period. Identify what they wrote
and, in one to three paragraphs, compare their purpose, audience, and style.

Answers

The two authors are from the early American and Colonial periods and are

Thomas Paine (1737-1809) was an American political activist, theorist, and philosopher. Paine is the author of famous pamphlets, including "The Age of Reason", "Rights of Man" (defending the French Revolution), and "Common Sense" (written during the American Revolution). Paine is believed to have inspired the patriots, his intended audience, to become independent from Great Britain in 1776. His writing style is often characterized by arrogance, as in the pamphlet series An American Crisis.

Anne Bradstreet (1612 - 1672) was a poet and the first woman in America to write a book of poems. When she began writing, her poems were meant to educate her children about the hardships she went through. Her husband and children were her only audience, but she gradually became popular in her society. She wrote warm, love poems for her husband and children, but also religious poems. In some of her works, we can clearly notice her sarcastic tone towards society and its norms.

Though colonialism is typically taken into consideration to be a relic of the past, almost 2 million human beings in 16 “non-self-governing territories” throughout the globe nonetheless stay beneath neath digital colonial rule.

Throughout the nineteenth and early twentieth century, with the aid of using distinctive features of its technological and maritime supremacy, the British Empire gradually extended to grow to be with the aid of using some distance the biggest empire in history; at its top ruling over 1 / 4 of the Earth's land region and 24% of the population.

The historic improvement of capitalism as a global system. The extrude withinside the society, economic system, and polity of the metropolis. The extrude in its function withinside the global economic system and lastly. The colony's personal historic improvement.

Learn more about colonialism here  https://brainly.com/question/501307#SPJ9

why did Portugal and Spain lead the way in exploration

Answers

Portugal and Spain led the way in exploration because they desired to spread Christianity, engage in trade, a want to expand land, and simply curiosity.

Question 17 of 20

Which numbered pair of phrases best completes the table as it relates to the

U. S. Federal bureaucracy?

Hierarchical Authority

Disadvantage

Advantage

(1)

(2)

A. (1) Creates a clear chain of command (2) Limits independence of

lower-level workers

B. (1) Decreases employee efficiency. (2) Can be rigid and difficult to

adapt to new situations

O c. (1) Allows departments to focus on particular tasks: (2) Decreases

bureaucratic complexity

O D. (1) Allows greater independence from the president (2) Expands

bureaucratic authority

SUBMIT

Answers

The numbered pair of phrases best completes the table as it relates to the U. S. Federal bureaucracy is A. (1) creates a clear chain of command; (2) limits the independence of lower-level workers.

The United States is a federal republic with 50 states, a city inside a federal district, five significant self-governing territories, and a number of island possessions. The federal government of the United States is the country's national government. Federal bureaucracy refers to a system whereby clearly defined officials carry out public business while being directed by a set of established regulations. The US federal bureaucracy benefits from hierarchical authority because it establishes a chain of command where lower-level officials report to higher-level officials who are proficient and knowledgeable in administrative matters. The drawback is that it restricts the independence of lower-level officials because they are unable to make decisions on their own.

Learn more about U. S. Federal bureaucracy https://brainly.com/question/12430754

#SPJ4

Other Questions
You are driving to a vacation spot with your family that is 1500 miles away. Including rest stops, you take 42 hours to get the the vacation spot. You drove on an average speed of 42 miles per hour. How many hours were you NOT driving? Please include an algebraic equation. Which of the following are supported by the diagram below? (Check all that apply and there is more than one)A) The objects closer to Earth (the Laboratory Reference) show Blue ShiftB) The Star and Galaxies show Red Shift relative to the laboratory sample on EarthC) The more distant Galaxies appear to have greater velocitiesD) The amount of Red Shift increases with increasing distance Why would students today want to study the Code of Hammurabi? Pleaseeee Helppp mx=n+p for x What word is a synonym for compliance?A. creativityB. diversityC. ingenuityD. conformity Mason and Dallas are in a canoe race. Mason paddles 7/8 mile in 1/4. Dallas paddles 9/5 miles in 1/3 hour. Who paddles faster? -9x+10y=25 7x-4y=7 Elimination method (with work) Simplify by combining like terms. 0.5 g+g osslyn is thinking of a number, n and she wants her sister to guess the number. Her first clue is that eight less than two times her number is between two and six (inclusive). Write a compound inequality that shows the range of numbers that Josslyn might be thinking of. < Exit1-4: MathXL for School: Additional PracticeAssignment is past due (09/13/22 11:59pm)A 150-pound person uses 5.6 calories per minute when walking at a speed of 4 mph. How long must a person walk at this speed to use at least 180 calories?CH What is the purpose of each type of job analysis, and how can the three types described in this chapter be combined to produce an overall understanding of work in an organization? Teachers look for opportunities to actively engage their children, and to learn during group time centers, and one-on-one time this is called? a. Classroom time b. Instructional learning formats c. Hands-on opportunities d. None of the above help please ill name you brainliest Is this correct ?!?!? A technician is troubleshooting a 4-year-old computer that takes a long time to boot, and identifies that the bios rediscovers all the hardware at every boot. what action would fix this problem? Which are partial products of 31,342? A. 6 and 900 B. 6 and 700 C. 120 and 90 D. 60 and 9 Each of these sequence or series formulas involves four quantities that are represented by a variable. For each fomula, describe the four quantities.c. a n = a r What are shootings that are justifiable and lawful but could have been avoided by some reasonable effort on the part of the officer without additional danger to the officer and others. You believe a bacterium is attaching to animal cells by binding to the carbohydrate portion of a specific glycoprotein. To test this hypothesis you pre-incubate the bacteria with various molecules and then test for inhibition of attachment to the animal cells. Which result supports the hypothesis that the bacteria recognize the carbohydrate component of the animal glycoprotein?. Which is not a way to check for the nearly normal condition? group of answer choices