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According to how the three basic economic questions are answered.
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A nations plan for answering the key economic problems is called its economic?
Economic System
What type of economic system does Africa have?
Africa does not have an economic system of its own. Africa is a CONTINENT, not a country. It is composed of 53 nations.
What economic system was described in the book wealth of the nations?
impiralism
What three broad categories do economist use to classify all economic systems?
Economic system is some sort of arrangements regarding the production of goods and services to satisfy human wants and needs.Economist deals with three questions to classify all economic system,which are:*What to produce?*How to produce?*For whom to produce?By answering these three questions economists make any economic decision.
What is The economic system that European nations used to enrich their treasuries?
Mercantilism
A nations plan for answering the key economic problems is called its economic?
Economic System
What type of economic system does Africa have?
Africa does not have an economic system of its own. Africa is a CONTINENT, not a country. It is composed of 53 nations.
What economic system was described in the book wealth of the nations?
impiralism
What three broad categories do economist use to classify all economic systems?
Economic system is some sort of arrangements regarding the production of goods and services to satisfy human wants and needs.Economist deals with three questions to classify all economic system,which are:*What to produce?*How to produce?*For whom to produce?By answering these three questions economists make any economic decision.
What nations economic system has been described as state capitalism?
Japan
What is The economic system that European nations used to enrich their treasuries?
Mercantilism
Which is the economic system that equates a nations wealth with amount of its gold and silver?
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
What type of economic system does Niger have?
What is nigeria's economic system? What is nigeria's economic system?
What term denotes a nations basis for allocating its resources among its citizens?
An economic system
Which type of economic system was used by Joseph Stalin and Mao Zedong to accelerate the economic growth of their respective nations?
Market
Which theory states that the global economic system is controlled by a few wealthy nations resulting in an unequal relationship between nations?
World Systems Theory
Which economic parameter is used to classify the countries into developed and under developed?
per capita income is the = economic parameter which is used to classify the countries into developed and under developed =
