Whether the cell was eukaryotic or prokaryotic, these basic events must occur. Cytokinesis is the process where one cell splits off from its sister cell. It usually occurs after cell division. The Cell Cycle is the sequence of growth, DNA replication, growth and cell division that all cells go through. Beginning after cytokinesis, the daughter cells are quite small and low on ATP.
The advantages of a free market economy (and the disadvantages of. command economies) 1. Efficiency. Free market economies are very competitive. Most of their. industries are assumed to be perfectly competitive, and so they will use their. resources wisely and efficiently to make them more profitable.
A market economy is an economic system in which individuals own most of the resources - land, labor, and capital - and control their use through voluntary decisions made in the marketplace. It is a system in which the government plays a small role. In this type of economy, two forces - self-interest and competition - play a very important role. The role of self interest and competition was described by economist Adam Smith over 200 years ago and still serves as foundational to our understanding of how market economies function.