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Economy is thrifty management; frugality in the expenditure or consumption of money, materials, etc. Economy is also the system of production and distribution and consumption.
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What is the definition of tradition-based economy?
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
Definition of internal economies of scale?
In internal economics, sheela and munni fight together to reached to the status of chickni chambeli.. :D
Definition of easy?
The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems.
What is the definition of Agrarian?
Agrarian relates to the cultivation of land and agriculture. It typically refers to societies or economies that are based on farming as the primary means of sustenance.
Does the planned econmy have profit motive?
No. Planned economies are a feature of Communist societies, who by definition of their ideology were not profit-driven. Planned economies have as their main motive to exactly provide for the needs of a Communist State and its citizens, as they are calculated for usually 5 to 10 years ahead.
What is the Definition of child labor?
Child labor was a problem in the U.S. and Britain in the 19th century but was legally abolished early in the 20th century. It is still a problem in developing economies.
What is definition of child labor?
Child labor was a problem in the U.S. and Britain in the 19th century but was legally abolished early in the 20th century. It is still a problem in developing economies.
Why do communist government have communist economies?
There is no such thing as a Communist government or a Communist economy. Communism means no classes, no government, no money.
Most economies today are economies?
all economies today are actually (mixed)
Why might developed economies want to outsource manufacturing and other jobs to developing economies?
Why might developed economies want to outsource manufacturing and other jobs to developing economies?
What is the definition of cash flow?
Cash flow is simply the money that "flows" into or out of an account. The term flow is used because John Maynard Keynes used the analogy of a river to describe economies.
Why are most economies refered to as mixed economies?
poverty is always higest in countries with market economies
