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What is the definition of-liberalism?

It a concept that government should not try to control prices rents and wages, but let open competition and forces of demand and supply create an equilibrium that benefits the vast majority of the citizens. Or, it is a political doctrine that takes protecting and enhancing the freedom of the individual to be the central problem of politics


What has the author Don Divance Lescohier written?

Don Divance Lescohier has written: 'Wages, prices, rents and workingmen's budgets in Minnesota' -- subject(s): Cost and standard of living, Labor and laboring classes, Prices, Wages


Who arranged prices and wages in the former Soviet Union?

The Communist Government


How did the government exercise control over the economy during world war 1?

They established caps on wages and prices, and rationed many items that were needed for the war effort.


Which is an example of total war?

The British government setting prices and determining wages.


Is an example of total war?

The British government setting prices and determining wages.


What items are used in calculating the GNP?

A+: Wages, rents, interest, profits.


Which items are used in caculating the gnp?

wages,rents,interest,profits


Are wages decided by the government in a command economy?

com·mand e·con·o·mynounan economy in which production, investment, prices, and incomes are determined centrally by a government.


How did the collectives in the soviet union avoid the competition that drives a free market?

The government determined prices, wages, and products.


How did collectives in the soviet union avoid the compitition that drives a free market?

The government determined prices, wages, and products.


Which item are used in calculating the gnp?

wages,rents,interest,profits