What does a command economy usually result in?

What does a command economy usually result in? A command economy is a system where the government, rather than the free market, determines what goods should be produced, how much should be produced, and the price at which the goods are offered for sale. It also determines investments and incomes. What is the role of […]

Is Rockefeller a bad guy?

Is Rockefeller a bad guy? Rockefeller (July 8, 1839–May 23, 1937) continues to rank as one of the richest men in modern times. He remains one of the great figures of Wall Street—reviled as a villain, applauded as an innovator, but universally recognized as one of the most powerful men in history. How much is […]

How did the community respond to Hurricane Katrina?

How did the community respond to Hurricane Katrina? Before the storm, communities depended on state and local public health agencies for an extensive array of services, including direct health care, immunizations, reproductive health services, hearing and vision screenings, restaurant and water well inspection, surveillance and control of diseases like tuberculosis and … Why was the […]

What is individual ethical egoism?

What is individual ethical egoism? Individual ethical egoism is the prescriptive doctrine that all persons should serve my self-interest (i.e.,egotism) Individual ethical egoism is a belief that can’t be consistent unless it applies to just one person. In other words, this belief is not universalizable. What is good about ethical egoism? Ethical egoism is the […]

What is the theory of cost-benefit analysis?

What is the theory of cost-benefit analysis? Cost-benefit analysis is a methodology that is used to compare the costs and benefits of a government policy or action from the perspective of society as a whole. Nevertheless, a fundamental issue regarding cost-benefit analysis is that it aggregates the utilities (as measured by willingness to pay) of […]

What is blocking in memory?

What is blocking in memory? Blocking is when the brain tries to retrieve or encode information, but another memory interferes with it. Blocking is a primary cause of Tip of the tongue phenomenon (a temporary inaccessibility of stored information). What are the 7 sins of memory Psychology? This article examines how and why memory can […]

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