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What is a single product economy?
Some countries have only one significant product that they export, one famous case being a "banana republic" which exports only bananas (Honduras, for example).
What are the advantages and disadvantages of modern fishing to the economy and environment?
Some of the advantages and disadvantages of modern fishing to the economy and environment are that people are able to catch their food for no price and its way more natural ,but some of the disadvantages are the fee's that are required to fish are high.
What does mixed economic system mean?
A mixed economy is when you have some aspects of every single economy traditional, command, and market economies put together in one economy.
What are some disadvantages of the Market Economy?
The market economy has many advantages, but it also has its share of disadvantages. Two of the main disadvantages are that this type of economy can be very unstable and it tends to cause a large gap in the distribution of income.
Advantages and disadvantages of a market economy?
Advantages: competition sells products at the lowest price and the best qaulity good Disadvantages: No government involved means some products could be harmful to people
What is a single product economy?
Some countries have only one significant product that they export, one famous case being a "banana republic" which exports only bananas (Honduras, for example).
What are the advantages and disadvantages of modern fishing to the economy and environment?
Some of the advantages and disadvantages of modern fishing to the economy and environment are that people are able to catch their food for no price and its way more natural ,but some of the disadvantages are the fee's that are required to fish are high.
List down some advantages and disadvantages of modern technologies or product?
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What does mixed economic system mean?
A mixed economy is when you have some aspects of every single economy traditional, command, and market economies put together in one economy.
What are the advantages of living in retirement villages for single seniors?
Some advantages of retirement villages for single people looking to stay socially active is that they usually have a lot of activities. They also have group projects.
What are the pros and cons of product promotion?
Some of the advantages of product promotion is that it is versatile and cost effective. The disadvantage is that it may not go to the target audience.
What are some disadvantages of the Market Economy?
The market economy has many advantages, but it also has its share of disadvantages. Two of the main disadvantages are that this type of economy can be very unstable and it tends to cause a large gap in the distribution of income.
How do I describe a mixed economy?
A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.
What are Advantages of lay-by?
If you don't pay off a product in a limited time you lose the deposit on the product and you might also lose some money depending on the company you are at.
What are some advantages to using duracoat?
There are many different advantages associated with using a Duracoat Finish on a product. One such noted benefit is that a Duracoat Finish does not need to be baked.
Advantages and disadvantages of a market economy?
Advantages: competition sells products at the lowest price and the best qaulity good Disadvantages: No government involved means some products could be harmful to people
What are the advantages and disadvantages of lay-by?
If you don't pay off a product in a limited time you lose the deposit on the product and you might also lose some money depending on the company you are at.
