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Q: Are characteristics of a perfectly free economy?
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What is the 5 characteristics of the US economy?

Mixed economy Consumer sovereignty Competition Private property Free market


Characteristics of free market economy?

free market economy is an economy ruled by the people, not the government. individuals make decisions about their employment, how to use or accumulate money what to buy and to save money or spend it.


What are some personal characteristics of the US?

this are the characteristics of u.s economy,free market,private property,profit,competition, and consumer sovereignty.


What is one of the primary characteristics of perfectly competitive markets?

Many buyers and sellers, free market entry and exit.


What Characteristics of a buoyant economy?

Six characteristics of buoyant economy


Does Japan have a mixed economy?

Actually there is no such perfectly free market economy. Every economy is mixed, although the countries may be lined up in economic spectrum depending on their economic freedom. Countries like Japan have mostly free economy and so is considered as a typical mixed economy.


What is the Main characteristics of USA a developed economy?

Main characteristics of USA, a developed economy? Main characteristics of INDIA,a developing economy? compare both the economics on the basis of characteristics as noted above? stress on those characteristics of Indian economy which seems as weakness in the development of an economy? give your suggesstion on the basis of the detail you have collected above what charecteristic India should achieve to become a developed economy? make an emphasis on the most significant features of economy of USA which are not found in the INDIAN economy?


What type of economy does nigeria operate and why?

characteristics of mixed economy


What is a free market economy and how can it benefit the economy?

Individuals in the mixed economy(laissez-faire economy) are free because they are free to choose what they want to do.


What characteristics of the Canadian economy are most important to a mixed economy?

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US a developed country?

Main characteristics of USA, a developed economy? Main characteristics of INDIA,a developing economy? compare both the economics on the basis of characteristics as noted above? stress on those characteristics of Indian economy which seems as weakness in the development of an economy? give your suggesstion on the basis of the detail you have collected above what charecteristic India should achieve to become a developed economy? make an emphasis on the most significant features of economy of USA which are not found in the INDIAN economy?


What are the characteristics of Nepalese economy?

Neplese economy depend upon the agriculture and remmitance.