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How do businesses and individuals participate in both the product market and the factor markets in the economy?
Wiki User
∙ 8y ago
Businesses in a product market recive revenue from households to pay for the labor that they are using, and in factor markets businesses buy land etc. from households. This keeps the money flowing in the market economy.
Wiki User
∙ 10y ago
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Contribution of real sector to an economy?
the business activity of financial intermediaries contributes to profits the economy bags as well as businesses in all other business related markets. these activities helps the economy to grow
China has experienced rapid economic growth since the late 1970s as a result of?
Shifting from a command economy to a mixed economy.
How did the nationalization of markets affect the economy?
the economy experienced panics
What is the consequences of globalisation on Nigerian economy?
Globalization has made it possible for Nigerian businesses to find markets abroad. Globalization has also ensured that Nigerians get products and services that are not available locally.
Socialistic economy vs capitalistic economy?
Socialistis believe a country's resources should be used accordingly to a plan that's formulated by manufacturers, farmers, workers, and government officials working together. Socialists hope to adjust production to the needs of all people. A capitalistic economy on the other hand, is a free-enterprise system that's rooted in private property and markets. This gives freedom to individuals and businesses to posses and dispose of goods, services, and resources.
Contribution of real sector to an economy?
the business activity of financial intermediaries contributes to profits the economy bags as well as businesses in all other business related markets. these activities helps the economy to grow
China has experienced rapid economic growth since the late 1970s as a result of?
Shifting from a command economy to a mixed economy.
What are the Strengths of the US economy?
A strength of the American system is the economy and all the comfort and luxury individuals can enjoy. Another strength is the freedom the American system provides individuals to have, and do what they want.
How did the nationalization of the markets affect the economy?
the economy experienced panics
How did the nationalization of markets affect the economy?
the economy experienced panics
What is the consequences of globalisation on Nigerian economy?
Globalization has made it possible for Nigerian businesses to find markets abroad. Globalization has also ensured that Nigerians get products and services that are not available locally.
Socialistic economy vs capitalistic economy?
Socialistis believe a country's resources should be used accordingly to a plan that's formulated by manufacturers, farmers, workers, and government officials working together. Socialists hope to adjust production to the needs of all people. A capitalistic economy on the other hand, is a free-enterprise system that's rooted in private property and markets. This gives freedom to individuals and businesses to posses and dispose of goods, services, and resources.
Which countries participate in the foreign exchange markets?
Nowadays anybody anywhere with money to spare can participate in currency exchange
Why do businesses choose to service international markets?
pickles
Who are Apple inc's largest markets?
individuals
Why is Research and development important in manufacturing industries?
Research and development (R&D) allows Canada to participate in new markets and industries, and lets Canadian businesses offer their customers new or improved products, processes and services.
Why are Bernanke and Paulson and Bush in such a hurry?
The concern is that the longer there is no "rescue" in place soon, there is a downward spiral in our economy, as we become more concerned about the economy, we spend less, businesses are cut off from credit markets and can't expand, more businesses fail, housing prices sink. The rescue at a latter date, means there will be more troubled assets with less value.
