Exit slip: Write a 5-7 sentence summary on some differences of the world's economic systems below.?


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Exit Slip: Write A 5-7 Sentence Summary On Some Differences Of The World's Economic Systems Below.? Who

Answers

Answer 1
The way scarce resources get distributed within an economy determines the type of economic system. There are four different types of Economic Systems; a traditional economy, a market economy, command economy, and a mixed economy. Each type of economy has its own strengths and weaknesses.


Traditional Economic System

The traditional economic system is the most traditional and ancient types of economies in the world. Vast portions of the world still function under a traditional economic system. These areas tend to be rural, second- or third-world, and closely tied to the land, usually through farming.

In general, in a traditional economic system, a surplus would be rare. Each member of a traditional economy has a more specific and pronounced role, and these societies tend to be very close-knit and socially satisfied. However, they do lack access to technology and advanced medicine.

Command Economic System

In a command economic system, a large part of the economic system is controlled by a centralized power. For example, in the USSR most decisions were made by the central government. This type of economy was the core of the communist philosophy.

Since the government is such a central feature of the economy, it is often involved in everything from planning to redistributing resources. A command economy is capable of creating a healthy supply of its resources, and it rewards its people with affordable prices. This capability also means that the government usually owns all the critical industries like utilities, aviation, and railroad.

In a command economy, it is theoretically possible for the government to create enough jobs and provide goods and services at an affordable rate. However, in reality, most command economies tend to focus on the most valuable resources like oil.


Advantages of Command Economic Systems

If executed correctly, the government can mobilize resources on a massive scale. This mobility can provide jobs for almost all of the citizens.
The government can focus on the good of society rather than an individual. This focus could lead to more efficient use of resources.
Disadvantages of Command Economic Systems

It is hard for central planners to provide for everyone’s needs. This challenge forces the government to ration because it cannot calculate demand since it sets prices.
There is a lack of innovation since there is no need to take any risk. Workers are also forced to pursue jobs the government deems fit.

Market Economic System

In a free-market economy, firms and households act in self-interest to determine how resources get allocated, what goods get produced and who buys the goods. This is opposite to how a command economy works, where the central government gets to keep the profits.

Related Questions

Consider the four key ideals expressed in the Declaration of Independence - equality, unalienable rights, consent of the governed, and the right to alter or abolish government . Then write an essay which explains why three of these ideals are important to society, and why the fourth ideal is most important of all.

Answers

As the American Revolution rose among the 18th century, it was ignited by Britain’s colonization of the 13 colonies. The colonies because frustrated and felt trapped under the British rule. They were additionally being taxed without representation. Thus, they felt the need to rebel among the British.

As the colonies established a nation as they broke away from Britain, it is important to note what caused these ideas in the Declaration to emerge. The Declaration is most influenced by the Enlightenment and John Lockes as he developed the Natural Rights ideal. He stated each human had the rights to life, property, and liberty. Additionally, he believed in the social contract in which the government and it citizen are in a contract/agreement. The citizens give the government the responsibility to protect their rights, while the government does so. This is important because it inspires the key concepts within the Declaration.

The fourth ideal is most significant because the citizens within the colonies were oppressed by the British, thus wanted to prevent the social contract from being broken. If the government does not give the people their rights nor do they not protect their rights, they are allowed to rebel against the government just as seen within the American Revolution.

ASAP!! how did the president's address problems that were facing the US?

Answers

they Used Air Force and navie army for adreess provl

Explanation:

What did Hitler call his followers and army?

Answers

Answer: Hitler called his army Sturmabteilung or in english storm Division

Explanation:

Answer:

he called them the sturmabteilung! hope this helped :D

Angle A and angle B are complementary angles. Angle A measures 64º. What is the measure of Angle B?

Answers

Answer:

64°+b=90°

b=90°-64°

b=26°

Identify two other names the region known as Israel-Palestine has been called.

Answers

Judea and SamariaIsrael and Judah

, how do you think Justice Ginsburg demonstrates civic virtue?

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Answer:

Justice Ginsburg demonstrates civic virtue through her role as a Supreme Court justice. She also demonstrates civic virtue by respecting the court and preparing carefully for the cases she hears.

Explanation: it’s the sample answer :)

Justice Ginsburg serves as an example of civic morality at the Supreme Court. She also exhibits civic virtue by treating the court with respect and doing her research before hearing cases.

What is meant by civic virtue?

Civic virtue refers to the personal traits involved with the successful operation of the civil and political order, or the preservation of its ideals and principles. It represents the character of a good participant in a system of governance.

Civic virtue varies from society to society, but frequent examples include engaging fully in one's community, voting in elections, and putting one's community's needs ahead of one's own. Civic virtue is the term used to describe the character qualities essential to the maintenance of the civil and political system.

Thus, Justice Ginsburg serves as an example of civic morality at the Supreme Court.

For more details about  civic virtue, click here:

https://brainly.com/question/1844291

#SPJ2

characterize the "Republican Motherhood" construct.

Answers

Answer:

"Republican Motherhood" is an 18th-century term for an attitude toward women's roles present in the emerging United States before, during, and after the American Revolution. It centered on the belief that the patriots' daughters should be raised to uphold the ideals of republicanism, in order to pass on republican values to the next generation. In this way, the "Republican Mother" was considered a custodian of civic virtue responsible for upholding the morality of her husband and children. Although it is an anachronism, the period of Republican Motherhood is hard to categorize in the history of Feminism. On the one hand, it reinforced the idea of a domestic women's sphere separate from the public world of men. On the other hand, it encouraged the education of women and invested their "traditional" sphere with a dignity and importance that had been missing from previous conceptions of Women's work.

Explanation:

According to the text, what are the factors contributing to global warming?

Answers

Answer:

B) Human Activity

C) Greenhouse Gasses

Explanation:

The text points out that the factors affecting global warming are greenhouse gasses and human activity. This is shown by the quote" concentration of greenhouse gasses, especially CO2 have increased substantially since the beginning  of the industrial revolution". This is because it said that there was an increase in the number of green house gasses released due to human activity now and in the past, that can be traced back to the the industrial revolution.

Answer:

hi thereee, for anyone doing this assignment for history i typed all of the answers for u

page 2 #1: fossil fuels, generation of electricity, and industrial electricity #2: to set emission standards and to reduce smog in cities

page 3 #1: nuclear power does not cause air pollution

page 4 #1: 120 gigawatts #2: 160 gigawatts

page 5 #1: true #2: false

page 6 #1: human activity and greenhouse gases

page 7 #1: president bush acknowledged that there is disagreement over climate change

page 8 #1: rivers, lakes, oceans, and wetlands #2: the EPA

page 9 #1: limited #2: less water

page 10 #1: It is difficult to balance economic issues with environmental issues for a few reasons. One reason is because of the fact that not all people have the same opinion on solutions to environmental problems. Another reason is due to the possibility of environmental regulation harming businesses. As well as the power to take effect on owners of property. Lastly, it makes things difficult because in order for people to make a living, the government must protect their rights. This can cause conflicts at times as a result of government demands.

i put the answer into my own words, what is required in the paragraph is:

- not everyone agrees on the solutions to environmental problems

-environmental regulation may hurt businesses

-environmental regulation may hurt property owners

-the government must protect peoples' rights to make a living

hope this helps :)

have a good day!

Explanation:

i just completed the assignment with 100%

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1
1
0
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-5
Equation

Answers

Answer:

-5

Explanation:

i know because i go to college with you and i sit right by you so and we did this quostion together and it was -5

Why did the Aryans settle by the Indus River Valley? Why close to the river?

Answers

Answer:

The Indus Valley Civilization began to decline around 1800 BCE. Archaeological evidence indicates that trade with Mesopotamia, located largely in modern Iraq, seemed to have ended. The advanced drainage systems and baths of the great cities were built over or blocked. Writing began to disappear, and the standardized weights and measures used for trade and taxation fell out of use.

What was major problem during the Harding administration

Answers

Answer:

The Teapot Dome Scandal was a major problem during the Harding administration.

Explanation:

Answer:

Government Corruption.

ape.x

Explanation:

Why might the united states have created a military blockade to stop the delivery of Soviet weapons to cuba

Answers

Answer:

Kennedy imposed a U.S. naval blockade of Cuba after U.S. spy planes found Soviet missile sites on the Communist-ruled island. In a televised speech, the president said the medium-range nuclear weapons arrayed at nearly completed bases were capable of striking major American cities, including Washington.

Explanation: hope it help

Question 1 of 10

2 Points

In his Fireside Chat after the attack on Pearl Harbor, how does FDR increase

Americans' confidence in the ability of the United States to win the war

against the Axis powers?


A. He discusses how the German and Japanese military fight with

treachery and deceit.


B. He explains how the U.S. military has become stronger since

World War II first began.


C. He encourages radio stations to focus on patriotism and

optimistic news broadcasts.


D. He enumerates the heroic efforts of American citizens in past

wars.

Answers

Answer:

Option B

Explanation:

in his Fireside Chat after the attack on pearl harbor, FDR increase American's confidence in the ability of the United States to win the war against the axis powers by explaining how the United State military has become stronger since  World War II first began, to show the confidence in U.S  Army forces.

Two days after Pearl Harbor was attacked by the Japanese, President Franklin D. Roosevelt delivered his Fireside Chat to the Americans to get the nation ready for the battle that was to come and with the main message of the speech was to gather the necessary support of the citizens and wanted his audience to extract hope from his speech, despite the difficulties of the presence situation.

He explains how the U.S. military has become stronger since, World War II first began is the correct answer. This can be explained as follows

Franklin D. Roosevelt gave a motivating speech to the American people on December 9, 1941, on the need for them to assist to the upcoming war struggle.In his address, FDR states that the battle would be extended and that citizens will be required to pay. He highlights the necessity for expanded factory production as well as a conversion to war materials manufacture. He speaks to the event's sentiment and emphasizes the need of public respect for the military when they fight the world's worst adversary.

Therefore, it can be concluded that option B is the correct answer from the given options for the question.

Learn more about FDR increase  Americans' confidence in the ability of the United States to win the war  against the Axis powers here:

https://brainly.com/question/1854022

How did the completion of the transcontinental railroad affect companies that made products

Answers

The transcontinental railroad made it easier to transport products across the country, especially the central United States. Using the railroad, companies could transport their products across country faster than any time before.

Why shouldn’t illegal immigrants receive government benefits

Answers

Answer:

Explanation:

I beg to differ, I do think they deserve to receive government benefits because they do their taxes like anybody else. They help this country grow but if would think like no-brain racist Trump I would say because they came in illegally and without permission.

What was unfortunate according to Hoover

Answers

Answer:

the great depression

Explanation:

can i have the brainliest answer?

9. 25% of the land in the U.S. is arable land.
A. True
B. False

Answers

False 16.25 is arable

In a factor market, households provide all of the following EXCEPT: A. land B. labor C. goods D. capital

Answers

Answer:

C. Goods

Explanation:

"They sell their land, labor, capital, and entrepreneurship to businesses (firms) in the Factor Market (Resources Market) in exchange for income payments."

Answer:

The answer is C

Explanation:

I took the test.

Neil Armstrong, a U.S. astronaut and the first man on the moon, was a U.S. Navy veteran. What is another career that someone who was in the navy or air force might pursue, and how would that career be helped by navy or air force training? In the video, the host notes that several towns claim the birthplace of the U.S. Navy and talks about why they make those claims. Which town did you find had the most convincing argument? And why did that town claim it should be considered the birthplace of the navy?

Answers

Answer:

What is another career that someone who was in the navy or air force might pursue, and how would that career be helped by navy or air force training?

Someone who is in navy or airforce could pursue other career like to become a medical doctor for assisstance in treating wounded soldiers or a psychologist who would help other American soldiers is resolving some of their emotional related problems like PSTD.

These careers would be helped by the navy or air force through their extra-ordinary support in terms of finances and access to resources inorder to actualise their dreams just like Neil Armstrong was supported into becoming anastronaut.

Explanation:

What was NOT one of the main goals of a trade or labor union

Answers

Answer:One of a labor union's primary goals is to secure its members' jobs. The union helps its members, who pay fees, to keep the workplace safe and healthy. They help in getting better pay, vacations, and retirement as well. Unions are great to have because it helps to keep work conditions running smoothly.

Explanation:

How can I explain domestic and foreign policy significant events of the 1980s

Answers

Answer:

During the 1980s, conservative politics and Reaganomics held sway as the ... the 1960s were worn down by inflation, foreign policy turmoil and rising crime. ... On the domestic front, Reagan's economic policies initially proved less ... particularly when it came to a key tenet of the plan: balancing the budget.

Explanation:

The 6th Amendment guarantees the right to a trial with a partial jury and does not ensure that the accused will know the charges against them and who
pressed charges
True
False

Answers

Answer: false

Explanation: the sixth amendment guarantees citizens a speedy trial , they will get the opportunity to confront whoever pressed charges or accused them of any crime .

I do believe that this answer is False

which civilization played on economic role in expanding cultural connections between Europe and africa

Answers

Answer:

Kingdom of Axum

Explanation:

Right?...

What is an example of a Texan’s right to assembly? a. sending a letter to the editor of a local newspaper b. gathering at a peaceful protest in front of a government building c. quartering a soldier at home d. owning a new house as a piece of private property

Answers

Answer:

b. gathering at a peaceful protest in front of a government building

Explanation:

RIGHT OF ASSEMBLY;

The citizens shall have the right, in a peaceable manner, to assemble together for their common good; and apply to those invested with the powers of government for redress of grievances or other purposes, by petition, address or remonstrance.

The First Amendment prohibits government from abridging "the right of the people peaceably to assemble." People are entitled to assemble and to speak and be heard, as long as they remain nonviolent.

Example of this rights includes

Hosting a party, having a board game night with the neighbors, or even going to church are all freedom of assembly examples. The difference, however, is that freedom of assembly protects those whom the government believes may “cause trouble” when they get together.

the Gulf War was connected to another event?

Answers

Answer:

No I don't think it was

Explanation:

Which emperor built a wall around northern England to mark to boundary of the Roman Empire?
What was one foods the Romans never ate?

Answers

Answer:

1. hadrian

2.sugar

3. d

Explanation:

Which factor best explains why the graph changes from 1990 to 2010?

Answers

Answer:

it gose down toup

Explanation:

Answer:

new technology has improved medical imaging and surgery

Explanation:

took the test

What role did glasnost play in the collapse of the U.S.S.R

Answers

Answer:

Gorbachev brought perestroika to the Soviet Union's foreign economic sector with measures that Soviet economists considered bold at that time. His program virtually eliminated the monopoly that the Ministry of Foreign Trade had once held on most trade operations.

Explanation:

Answer:Gorbachev brought perestroika to the Soviet Union's foreign economic sector with measures that Soviet economists considered bold at that time. His programme virtually eliminated the monopoly that the Ministry of Foreign Trade had once held on most trade operations.

Explanation: hope this helps

THERE
Hiking
To
TITLE
How do exhaust fumes from cars affect the environment?
20
OTTED
O A. They cause a rapid decrease in temperatures leading to rain.
O B. They release harmful. greenhouse gases into the atmosphere.
OC.
They decontaminate natural waterbodies, such as lakes and rivers.
OD.
They circulate harmful disease-carrying organisms in the air.​

Answers

The correct answer is B. They release harmful greenhouse gases into the atmosphere.

Explanation:

Exhaust fumes from cars are composed of different gases such as nitrogen, water vapor, nitrous oxide, methane, and carbon dioxide that go to the atmosphere after being released and contribute to the greenhouse effect. Indeed, gases such as carbon dioxide, water vapor, and nitrous oxide are considered greenhouse gases, this means these gases trap part of the radiation from Sun and stop this from being released, which increases the temperature on Earth; this causes higher than normal temperatures and has multiple effects on natural environments. Thus, exhaust fumes from cars affect the environment because "They release harmful greenhouse gases into the atmosphere".

Which section BEST supports the inference that Georgia's geography varies widely from place to place?
(A)
Why's It Called That?
(B)
Geography and Landforms
(C)
Wildlife
(D)
Natural Resources​

Answers

Answer:

(B) Geography and Landforms

Explanation:

Although the article referenced in this text is not included with the question, it is possible to answer the question without it. In this question, we are asked to find information on Georgia's varied geography. Therefore, this information would most likely be found under a subheading that reads "Geography and Landforms." Subheadings are used in texts in order to help the reader find information more easily.

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