0
amount of goods and services produced in a given amount of time
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is the role of households in a free market economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
What is the Role of the households in the economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
Role of profit in a free market economy?
the role is...ehhh i dont know. sorry :(
What is an example of perfect competition?
role of market and government in economy
What role does self-interest playin a free market economy?
It is the motivating force in the free market
What is the role of households in a free market economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
What is the Role of the households in the economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
Role of profit in a free market economy?
the role is...ehhh i dont know. sorry :(
What is an example of perfect competition?
role of market and government in economy
What is the Role of the Market economy in influencing the American Public?
to produce
What role does self-interest playin a free market economy?
It is the motivating force in the free market
What is the essential government role in market economies?
One essential government role in a market economy is regulation. This allows for competition without monopoly.
What is the role of competition in a free market economy?
To change the supply and demand
What effect does new technology usually have on economy?
The effect that new technology usually has on economy is seen in various ways. Technology will improve of efficiency and the overall productivity in the market. .
What mixed market economy?
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
What is a mixed-market economy?
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
How are Adam smith's ideas evident in our economy today?
all of Smith's ideas contributed in the American economy which lead to the increase of the productivity and output, it also increased the competitions in the market.
