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In capitalist economic systems, market forces drive the economy, with private ownership of capital and means of production. The allocation of goods and services is primarily determined by purchasing power rather than individual needs. This means that consumers must have sufficient financial resources to acquire goods, regardless of their necessity. This market mechanism can result in underproduction of essential goods like affordable housing for lower-income populations, as market-driven production responds to effective demand (backed by purchasing power) rather than need alone.
Bacteria and viruses cause
The value of logtan1° + logtan2° +....+logtan89° is:
Average age of a class of 35 students is 15 years. Average age of the class is increased by 18 months if the age of the teacher is included. Find the ag...
Dr. Ngozi Okonjo-Iweala was recently selected as the first woman Director-General of WTO. She hails from which one of the following countries?
If sin A = 4/5, then (3 − tan A) (2 + cos A) is:
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Mohan walked 20 meter towards north, then turned left and walked 10 meter. Again he turned right and walked 20 meter. From here he turned again right an...