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The economic system in which the government is in almost complete control of the economic activity is called?
State capitalism. Not Communism, which has no government and no wages system.
What is the unemployment produced by fluctuations in economic activity called?
The unemployment produced by fluctuations in economic activity is called
What is a sentence for the words service economy?
This book is a model of applied ecological economics.
What is the peak of economic activity called?
prosperity
What are types of economic system?
Free economic system which is also called capitalist economy Centrally planned economic system which is also called the socialist economy Mixed economic system Military economic system
The economic system in which the government is in almost complete control of the economic activity is called?
State capitalism. Not Communism, which has no government and no wages system.
What is the unemployment produced by fluctuations in economic activity called?
The unemployment produced by fluctuations in economic activity is called
What is a sentence for the words service economy?
This book is a model of applied ecological economics.
What is the peak of economic activity called?
prosperity
What are types of economic system?
Free economic system which is also called capitalist economy Centrally planned economic system which is also called the socialist economy Mixed economic system Military economic system
The study of the economic behavior of individuals and firms is called?
Meaningful statement about the economic behavior or the economy is called?
What is economic system in the US is called an?
A mixed economy
What is a period of reduced economic activity called?
a recession or depression
What is the opposite of recession?
the answer is an economic boomin economy it is called a "boom"
What is An economic system in which the government makes all economic decisions?
it's called a command economy
IThe economic activity in which one is engaged on a regular basis is called his her ii A professional requires and training in a particular field?
The economic activity in which one is engaged on a regular basis is called his or her profession
The economic dichotomy that occurs in countries where a modern commercial economy overlies a subsistence economy is called?
dualism
