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Q: What is the making buying and selling of goods and services within a country?
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What are the three main economic resources used for making selling and using goods and services?

The three economic resources used for making, selling, and using goods and services are land, labor, and capital. Entrepreneurship is also a factor in making, selling, and using goods and services.


How can one spot a good price for gold?

Do not go based on a sales pitch. Do your own research before buying or selling gold. Check to see what the current market value is for gold before making any transactions.


What is the difference between business and commerce?

Commerce is trade such as the buying and selling of goods and services. Business means a company or the act of a person or company buying or selling.The Chamber of Commerce is a club of many business people that want to promote a city.The Department of Commerce promotes job creation.Ancient Babylon kept track of commerce with clay tablets.It is a pleasure doing business with you.He started a business making floral arrangements for weddings.It was business as usual.


What is the name of the chief monetary policy-making body?

The chief monetary policy-making body (in the United States) is the Federal Reserve, oftentimes abbreviated as the Fed. The Fed includes the Board of Governors (including the Chairman; governors are appointed by the President), 12 regional Federal Reserve banks throughout the country, the Federal Open Market Committee (directs open market operations, the buying or selling of government bonds), and member banks.


The principle of each country concentrating on making those goods it can produce most efficiently and buying from other nations those goods it cannot make as efficiently is known as?

Comparative advantage

Related questions

What is Web Hosting ecommerce?

Web hosting is a service that allows people to make their own websites on the internet. E commerce is the buying and selling of electronic services. So basically, Web Hosting ecommerce is the buying ans selling of website making services.


What are the three main economic resources used for making selling and using goods and services?

The three economic resources used for making, selling, and using goods and services are land, labor, and capital. Entrepreneurship is also a factor in making, selling, and using goods and services.


What was it called when buying stock and then selling it of making a quick profit called?

speculation


What does company mean?

to be with a group of people making or selling or advertising services


What is human activity from commerce book?

Human activity in commerce book refers to the various actions and behaviors involved in buying, selling, and trading goods or services for profit. This includes activities such as production, marketing, distribution, and consumption of goods and services within the framework of an economic system. It also encompasses financial transactions, entrepreneurship, and business decision-making processes.


What are some goods and services for Rhode Island?

Some services are making yachts and selling diamonds. Other are farming and poultry.


Is the word business a common noun?

Yes, the noun 'business' is a common noun; a general word for the activity of making, buying, or selling goods or providing services in exchange for money; a general word for something to be dealt with; a general word for a personal concern.


Is buying or selling the products on credit basis a good decision or not?

If you are in business, buying and selling on credit may be a good idea, depending on the product. Two important factors to consider when making a decision about credit are how much the credit will cost you and how much it will improve your business.


How can you gain from currency conversions?

By buying a currency, waiting until that currency strengthens against your initial currency, and then selling back and making a profit.


What is 'cybersquatting'?

Cybersquatting is a controversial way of making money by buying and holding URLs with the hope that someone will want to buy the URL from you at a later date -- buying www.cocacola.com, for example, andthen selling the URL to CocaCola.


Why do businesses buy and sell stocks?

To make a profit. Buying stocks at a low price and selling them at a high price is the easiest way of making money.


Is buying web addresses a new way to make money?

Buying web addresses is a money making practice as old as the Internet itself. The practice works by purchasing generic domain names and selling them later.