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Zero Population Growth [NOVANET]

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Q: What is a pure market economy that achieves a balance without governmental interference?
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What explains how a pure market economy achieves a balance without governmental interference?

Zero Population Growth


What philosophy of governmental non-interference in the economy is called?

laissez-faire


When an economy achieves the output of goods and services most desired by its citizens it is said to have?

When an economy achieves the output of goods and services most desired by its citizens, it is said tohave


How did coke improve its factor conditions in Europe?

•Language •Culture •Politics •Economy •Governmental interference •Labor •Labor relations •Financing •Market research •Advertising •Money •Transportation/ communication •Control •Contracts


What is a system in which the government manages parts of the economy?

Governmental interference in economics is a discussion not limited to a certain system culture or thought. traditionally left wing thought argues that the economy shouldn't be handle by the "blind" forces of the market. the socialistic philosophy argues it is best to have a supervised planned sometimes centralized economy. But in capitalistic countries (like the US) as well governments intervene in the economy.


What is no government interference in the economy called?

Laissez-faire


Does Germany have a command economy or free market economy?

Neither: it is capitalist with state interference.


What is a planned economy regulated by?

Planned Economies are regulated by a Governmental Ministry.


Does the US practice a mixed economy?

Yes, the US has a mixed economy, partially governmental, partially private enterprise.


What are roles of the government in a mixed economy?

four key governmental roles in a mixed economy and how they would impact a business


Is US a free market economy?

It’s market economy with a lot of state interference (like most forms of capitalism).


Definition of servicing firms?

service firm - a business that makes its facilities available to others for a fee; achieves economy of scale.