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Socialist or free market. All else is a twist on this.
capitalism
mixed market
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∙ 12y ago
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What were Adam Smith's views of laissez faire economics?
He was a strong supporter of laissez faire economics
What the difference between positive economics and normative economics?
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
What are some of the basic principles of business economics?
The term business economics is used in different ways. Sometimes it is used synonymously with industrial economics/industrial organization, managerial economics, and economics for business.
Describe the meaning of utility in economics and explain why it is different from on consumer to another?
Describe the meaning of utility in economics and explain why it is different from one consumer to another.
What are the elements of economics?
1. people 2. government 3. different sectors 4. market
What were Adam Smith's views of laissez faire economics?
He was a strong supporter of laissez faire economics
Why did America have different views about independence?
because they had different views
Definition of economics by different author?
10 definition of economics by defferent authors
What has the author G S Boritt written?
G. S. Boritt has written: 'Lincoln and the economics of the American dream' -- subject(s): Economic policy, Views on economics, Economic conditions
What the difference between positive economics and normative economics?
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
What are some of the basic principles of business economics?
The term business economics is used in different ways. Sometimes it is used synonymously with industrial economics/industrial organization, managerial economics, and economics for business.
How do sociology and anthropology relate to economics?
Bet you did not know that Anthropology relates to Economics. Anthropology relates to economics by the different ways the economy works in a number of societies.
How do Mexicans act?
seriously dude? like a normal person... different people have different views, therefore have different views on how others "act"
What is the difference between positive and normative economics?
Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
What are the different aspects of micro economics?
No thank you.
Describe the meaning of utility in economics and explain why it is different from on consumer to another?
Describe the meaning of utility in economics and explain why it is different from one consumer to another.
What is different macroeconomics from microeconomics?
micro economics is that branch of economics which study about individuals, households and firms whereas macro economics is a study of whole economy.
