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Download Basic 12-Exam TOEFL by ['Alexandro Robles Changanaqui'] in PDF format completely FREE. No registration required, no payment needed. Get instant access to this valuable resource on PDFdrive.to!
About Basic 12-Exam TOEFL
The lecture discusses different types of economies and their advantages and disadvantages. It compares market economies, planned economies, and mixed economies. According to the professor, a market economy has the problem that only profitable goods are produced, while a planned economy's main problem is that there is insufficient supply and goods are of poor quality due to government control over production. The professor implies that changing from a planned to a market economy can lead to unemployment and have a range of economic effects as the system adjusts.
Detailed Information
Author: | ['Alexandro Robles Changanaqui'] |
---|---|
Publication Year: | 2021 |
Pages: | 4 |
Language: | English |
Format: | |
Price: | FREE |
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