There are some similarities between a traditional economy and a market economy:
1. Economic decision-making: Both traditional and market economies involve making decisions regarding the allocation of resources. However, the decision-making processes differ between the two systems.
2. Role of individuals: In both traditional and market economies, individuals play a significant role in the economic activities. They engage in production, consumption, and exchange of goods and services.
3. Exchange of goods: Both traditional and market economies involve the exchange of goods. While traditional economies may rely on barter or informal trading systems, market economies facilitate exchange through a formal market where goods and services are bought and sold.
4. Competition: Both traditional and market economies can have elements of competition. In a traditional economy, competition can arise within the community or between neighboring communities. In a market economy, competition is an inherent feature as buyers and sellers compete for resources, customers, and profits.
5. Supply and demand: Both traditional and market economies are influenced by the forces of supply and demand. While the dynamics of supply and demand may operate differently in each system, they play a role in determining the prices and availability of goods and services.
It is important to note that traditional and market economies differ significantly in terms of their economic systems, ownership of resources, degree of government intervention, and methods of resource allocation. These similarities should be understood in the context of their respective economic frameworks.
Answer: Option (B) is correct.
Explanation:
Latent functions are known to be social scientific notion which was created by Bronislaw Malinowski, an anthropologist, while researching about Trobiand Islanders in part of Western Pacific. This notion was later on modified by Robert K. Merton for the discipline of sociology. Merton tended to appear interested in polishing the conceptual structure that was employed in functional analysis. These functions are unintended, unconscious, and beneficial.
B. unequal distribution of wealth
C. increasing demand for goods
D. runaway inflation
E. overproduction
The answer is:
A.) Speculation in the stock market
B.) Unequal distribution of wealth
E.) Overproduction
Speculation in the stock market made many of the people lost their saved money on the investments that they tough but not resulted according tot heir prediction. Unequal distribution of wealth made most of the wealth generated in the country fall to the hands of less than 1% of the people. Overproduction made people waste resources on things that we dont relaly need
A.) Speculation in the stock market
B.) Unequal distribution of wealth
E.) Overproduction
Gabon, Senegal, Cameroon, and Nigeria, countries have a coastline on the Atlantic Ocean. Thus, option (a), (b), (c) and (d) is correct.
The North African nation of Morocco has an Atlantic Ocean coastline. Only three nations have coasts on both the Atlantic and the Indian Oceans: Israel, Egypt, and South Africa.
The nations that make up the African Atlantic Countries are Ghana, Togo, Benin, Cameroon, Guinea, Guinea Bissau, Sierra Leone, Liberia, Morocco, Mauritania, Senegal, Nigeria, and Cape Verde.
As a result, the significance of the countries to have a coastline on the Atlantic Ocean is the aforementioned. Therefore, option (a), (b), (c) and (d) is correct.
Learn more about on coastline, here:
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Your question is incomplete, but most probably the full question was.
Which countries have a coastline on the Atlantic Ocean? Select all that apply
A. Gabon
B. Senegal
C. Cameroon
D. Nigeria
Answer:
THESE WERE THE CONTRIES
Explanation:
Nigeria
Niger
Mali
Gabon
Côte d'Ivoire
Senegal
Cameroon
b. monitoring the railroad freight business
c. banning price fixing
B. monitoring the railroad freight business
The Interstate Commerce Commission was created as one of the provisions of the Interstate Commerce Act of 1887. The Interstate Commerce Act made prices to ship goods via railroads fair for all who had products to ship, so that small farmers no longer had to pay more than bigger companies.
Railroads had been giving favorable treatment and prices to major companies for shipping freight on rail lines. The Interstate Commerce Act of 1887 aimed to end such practices. The act contained provisions such as:
... All railroads were required to set fair and reasonable shipping rates.
... Charging different rates for a similar service was declared illegal.
... Railroads could not charge more for short-haul services than a proportional rate of long-haul services on the same route.
... Railroads were forbidden from providing favorable treatment to any person or company or location.
... Railroads were required to display their rates and not charge higher than their posted rates.
Answer:
This is an example of the linguistic relativity hypothesis.
Explanation:
The Linguistic Relativity Hypothesis is also known as the Sapir-Whorf hypothesis and it establishes that the structure of human language is instrumental in how individual people conceptualize the world around them. Every language helps to structure the world in a unique way so that the world view of people who speak different languages is different. In this view, the native language a person speaks puts limits on how they see the world and to what extent they can understand other ways of understanding the world. Human languages thus reflect the cultural values of the people who speak it and reflect the wider cultural mentality of the speakers.