2.a Explain how economic systems attempt to allocate and make effective use of resources. We have 3 types of economy system: - Market economy - Command economy - Mixed economy * Market economy: based on private companies‚ a lot of decisions based on market mechanism. In nature‚ market economy is decentralized‚ flexible‚ practice and can be change. Supply‚ demand and solvency influence on deciding ( còn thiếu) * Command economy: * Mixed economy:
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mean. The ways that I will use to check my accuracy are: * Check facts- one of the most important things is the factual accuracy. I always double-check any statistics‚ numbers‚ dates‚ names—especially spellings—and other facts with a reliable source or two. * Spell Checks-Like many people I work with text and I always refer to the spell checker. Spell check automatically correct any misspelling. * Use a Style Guide-A style guide is a reference that you can use to ensure style consistency
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it covers what should be covered. III. Use To increase the validity and quality of objective type assessments. The teacher should know in advance specifically what is being assessed as well as the level of critical thinking required of the students. IV. Benefits To Teachers: 1. You can be sure that the questions on your test matched the content taught in class‚ or in other words‚ you can better ensure content validity. 2. You can check to make sure that your questions cover higher level
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COMMANDANT PAPER HOW EFFECTIVES IS THE PROCESS OF FREQUENCY MANAGEMENT AND ALLOCATE IN UNITS AIM 1. The aim of this Commandant Paper is to give an overview about the fundamental and the mechanical of frequencies management and allocations especially in Malaysian Armed Forces. SCOPE 2. Scope of this Commandant Paper consists of: a. Introduction. b. Literature Review. c. Military Spectrum Management. d. Malaysian Armed Forces. e. Discussion. f. Conclusion.
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Introduction Economic systems are organized way in which a state or nation allocates its resources and apportions goods and services in the national community. An economic system is slackly defined as country’s plan for its services‚ goods produced‚ and the exact way in which its economic plan is carried out. There are three types of economic systems exist‚ they are command economy‚ market economy‚ and mixed economy. Command economy is also sometimes called planned economy. The expectations
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Assignment: “An Effective System” “Specifically‚ the growing threat that sexual predators pose to our Nation’s children and their families represents an area where our criminal justice system has failed the American people‚”(Unknown) is a quote by an American politician of the Republican Party‚ Paul Gillmor that illustrates the failures of the current American criminal justice system. According to The United Nations Office on Drugs and Crimes‚ the purpose of the criminal justice system is to enforce
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3 Major Economic Systems Economic Systems: There are 3 major mainstream economic systems‚ and they are: 1) Market economy 2) Mixed economy 3) Command economy. The distinction between them stems from their approach to answering the 3 basic economic questions: 1) What to produce? 2) How to produce it? 3) How to distribute it? ❖ Market economy: o All economic resources are owned by the people. o They decide how and where to channelize those resources. o The market forces of demand
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stay out of it‚ leaving the economic system- structure of methods and principles that a society uses to produce and distribute goods and services- to be determined by the combined decisions of millions of individual people. Economic system is defined as how a society chooses to produce‚ distribute‚ and consume goods and services. Since resources are scarce and not always available each society must determine three important factors when determining their economic system. These factors are how the
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Economic Systems The way a country’s resources are owned and the way that country takes decisions as to what to produce‚ how much to produce and how to distribute what has been produced determine the type of economic system that particular country practises. 1. MARKET ECONOMY (also called FREE ENTERPRISE ECONOMIES or CAPITALIST ECONOMY) 2. CENTRALLY – PLANNED or CONTROLLED ECONOMY 3. MIXED ECONOMY 1. MARKET ECONOMY in comparison to 2. PLANNED ECONOMY e.g. USA‚ Japan Private firms
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Economic System (Types‚ Advantages & Disadvantages) Economy: Economy is the wealth and resources of a country in terms of production and consumption of goods and services. Economic System: An economic system is a way in which a nation organizes‚ manages or controls the factors of production (resources) so that the wealth of the country is somehow distributed among its population. How these factors of production are controlled and distributed defines economic system. There are
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