Some advantages are increased efficiency, productivity, and innovation. Some disadvantages are bad working conditions, investment priorities, and sometimes overproduction which leads to lay offs.
3. How do global factors influence the economy in your country? Manufacturing has influenced the economy in our country. Our economy has lost much money from companies moving to other countries to pay their workers a much lower salary.
4. What are some of the ways in which the government is involved in the economy? What are the advantages and disadvantages of governmental involvement? Transferring payments, taxation to generate value, and regulation of business activity are ways in which the government is involved in the
3. How do global factors influence the economy in your country? Manufacturing has influenced the economy in our country. Our economy has lost much money from companies moving to other countries to pay their workers a much lower salary.
4. What are some of the ways in which the government is involved in the economy? What are the advantages and disadvantages of governmental involvement? Transferring payments, taxation to generate value, and regulation of business activity are ways in which the government is involved in the