Advantages Mixed economy has got the following advantages: Rapid economic development Inmixed economy both private and public sectors work side by side. The combined efforts lead to rapid economic development. The economic resources of the economy are used efficiently. Wastages of resources are minimised. Lesser inequality of income: Right to own property is granted. Law of inheritance is also applied‚ so certain members of society grow richer and richer. Public sector in the economy tries
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credit card allows the user to use the credit available on his or her credit. The credit card user can buy the things and now pay for it later. There are some advantages and some disadvantages associated with using credit card. In this essay I will assay the situation. As I mentioned in the previous paragraph that there are many advantages of using the credit card. Firstly‚ the credit is very convenient. Credit card allows the user to buy the desired thing at the very moment and pay for it at a
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What are the advantages and disadvantages of travel? One of the advantages of travel is that it broadens the mind or‚ in other words‚ broadens an individual’s life experiences. In addition‚ the exposure to a another part of your own country or a foreign country allows you to reexamine your life and to reassess your way of thinking. Another advantage‚ in the case of foreign travel‚ is that it is a reason for learning a foreign language. Learning a foreign language provides you with both intellectual
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function. Some parliamentary nations merge the role of the president and prime minister such as South Africa where the president is also a member of parliament. Like all forms of government‚ there are advantages and disadvantages which shall be discussed below. As mentioned above‚ this system has many advantages. Firstly and most importantly‚ it is easier and faster to pass legislation compared to the presidential system which leads to a smoother governance. Usually a bill becomes law within a single session
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other crime is relatively lower. Life in the village is more peaceful and the life is also slower. The villagers earn money very hard and earn money enough for live. So they live less competition with each other. So they can reach a good position. What is more‚ it is less stressful. There isn’t any time pressure and the traffic conditions are better. The village has not lot of vehicles. So roads are less dangerous for driving cycling. The village has clean air and the environment is very beautiful
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Advantages and Disadvantages of Robot Technology Many type of robots that have been created and developed by the engineers to help human managing and assisting human in daily tasks. Robots are simply machines that have the ability to perform specific tasks and typically controlled by a computer or collection of computers. The robot can only perform those tasks for which they have been programmed. Main advantage of the robot technology is the increasing in productivity‚ safety‚ efficiency
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Using mobile phones has lots of advantages and disadvantages and most you will be aware of that. Earlier days‚ when we are out of home or office‚ we need to search for a public telephone booth to make a phone call‚ but now‚ just pick up your mobile phone and dial. I am trying to list the Pros and cons of using a mobile phone in this post. Advantages of using a mobile phone You are always connected‚ anybody who knows your mobile number can contact you. If you are travelling out of your territory
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Advantages and Disadvantages of Social Networking Social networking sites have become extremely popular among the youth as well as the professional people. Keeping in mind‚ the growing popularity of these sites and the effect it has and the benefits that it brings along‚ it can be easily predicted that its popularity is sure to grow much more. The social networking websites are more like the virtual meeting places where people can just chill and hang out with friends. They
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Smith Wholesale’s budgeted sales price is $40 per unit for a budgeted sales volume of 5‚000 units. The actual performance was 5‚500 units at an average sales price of $39.75. The total dollar amount of the flexible budget sales variance is a favorable variance of $. Smith Wholesale’s budgeted sales price is $40 per unit for a budgeted sales volume of 5‚000 units. The actual performance was 5‚500 units at an average sales price of $39.75. The dollar amount of sales variance to the difference in actual
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life easier and more convenient. For examples‚ people can talk to people from different countries on the Internet or buy things online. Today‚ many people like shopping online‚ some dislike. Shopping online has both advantages and disadvantages. Shopping online has three main advantages. First‚ shopping online is very convenient. People only use the computer to buy the things they want. They do not need to go out. Second‚ shopping online saves people’s time because they only need to order a product
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