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regulation
lowering the costs of production of a good (novanet)
ncus
a supply shock
spillover cost
regulation
Regulation
lowering the costs of production of a good (novanet)
because it helped with the production of good workers
ncus
a supply shock
spillover cost
Under state capitalism, the government controls the means of production. But this is for the benefit of the ruling class, not for ‘the public good’.
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if the price of the realted good increase the producers will find it more profitable to produce them and they will shift their production to that commodity . thus as a result the supply of the good in the question will decrease .
Socialism has no government and no economy: production for use, no wages or prices, just people co-operating for the common good.
education affects the government because people need the basis education in order to make good decisions about the economy and government and if there is little or bad education the government won't be stable