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The economic policy of giving business total control of its development is called?

The economic policy of giving business total control of its development is called laissez-faire.


The economic policy of giving a business total control of its development is called a laissez-faire b socialism c mercantilism d free trade?

The economic policy of giving business total control of its development is called laissez-faire. It's French for "Let it alone"...let businesses do what they want to do without government interference


The ecconomic policy of giving a business total control of its development is called?

Capitalism I think.


What is it called when the government does not heavily participate in the control growth or regulation of business?

When the government does not heavily participate in the control, growth, or regulation of business, it is referred to as a "laissez-faire" economic policy. This approach emphasizes minimal intervention, allowing market forces to dictate business operations and economic outcomes. Laissez-faire promotes free enterprise and competition, with the belief that this leads to greater efficiency and innovation.


The ability of nations to sustain economic development while protecting the environment is called?

sustainable development.


What is an recd loan?

Rural Economic and Community Development ..usually called Rural Development Loan


Properties or economic resources owned by a business are called?

assets


How does infrastructure affect development?

The fundamental services and facilities required for any social and economic development are called infrastructures of development.


When business gains complete control of an industry it is called?

When business gains complete control of an industry it is called a monopoly. In the United States, monopolies are illegal by statute.


The American system was an economic plan which called upon the national government to aid the country's economic development?

true


What is it called when a sole economic control of a business or product?

When a single entity has sole economic control over a business or product, it is referred to as a monopoly. In a monopoly, the dominant company can influence prices, supply, and market conditions without competition. This can lead to reduced choices for consumers and potentially higher prices. Monopolies are often regulated by governments to promote fair competition and protect consumer interests.


What is the official measure of economic growth called?

The official measure of economic growth is called Gross domestic product ( gdp) . I remember learning it in business