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They are transnational companies.
multinational corporations
what is a lack of goods and services called
This is the barter system.
If you have money to buy goods and services you are said to be 'solvent'. When you have no money to by goods and services you are said to be 'insolvent'.
They are transnational companies.
multinational corporations
what is a lack of goods and services called
A business that produces goods or services is called an industry.
This is the barter system.
If you have money to buy goods and services you are said to be 'solvent'. When you have no money to by goods and services you are said to be 'insolvent'.
It's called TRADE BY BARTER.
Production of goods is important for services and companies because companies must produce in mass what goods or services consumers will purchase. If customers do not wish to purchase a certain good or service, then it could cost a company mass amounts of money if they have produced it.
Capital Goods.
A barter system, where people trade their goods and services for other goods or services as opposed to trading goods and services for money.
The hiring of labor power only results in the production of goods or services.
The exchange of goods and services within a single country is called domestic trade.