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The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
to grade the amount of freedom in each economic system
Each system represents different answers to the four basic economic questions.
This is done so that a business will know exactly what type or form of business is right for them.
Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
advantages and disadvantages of associated with each departmentation
what are advantages & disadvantages of departmentalization by function
Advantages of system development life cycle in terms of waterfall model it only requires minimal resources in implementing this method. But it is hard to go back and change.
Why should a business weigh the advantages and disadvantages of each ownership option ?
Credit system helps to keep everything uniform. It does not always show the full potential of each student if they do not fit in with the scoring system.
Advantages- more money Disadvantages- time away from each other and always going different ways
close each other
they are slow
give me the answer
They are completely different creatures, each has their advantages and disadvantages.
by turning them around.
It depends on what you want to build. Each has advantages and disadvantages.