In an answer of at least four well-developed paragraphs, explain how centrally planned economies prioritize economic goals and detail the advantages and disadvantages that result from such prioritization. You should provide a thorough explanation.

the virginia plan called for three branches of government and two houses of congress. representation in each house would be determined by population. the new jersey plan called for three branches of government and a single house of congress. each state would have an equal vote.

answer: the risk-return relationship. generally, the higher the potential return of an investment, the higher the risk. there is no guarantee that you will actually get a higher return by accepting more risk. diversification enables you to reduce the risk of your portfolio without sacrificing potential returns.

explanation:

the industrial revolution pushed the world into modern industrialization. it changed the course of history profoundly. it caused rapid urbanization and pushed cities and countries into development. the industrial revolution began in great britain with a series with new inventions which led to the creation of machines and mass production.

this caused the country to gain wealth and money and become an international superpower. it improved transportation and manufacturing inside the country, pushed people to live in urban areas and britain to become the most powerful nation in the world for a while.