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Q: What resources accounts for Venezuela's economic wealth?
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What resource accounts for Venezuela's economic wealth?

i hate e2020 -.-t


Who controls the wealth and resources of a society?

The distribution of wealth and resources in a society is typically influenced by a combination of factors, including government policies, economic systems, corporate entities, and individual behavior. Ultimately, the control of wealth and resources can be held by various entities such as governments, corporations, and wealthy individuals.


What were the ideas of sharing wealth known as?

The idea of sharing wealth is often referred to as socialism, which is a political and economic theory advocating for collective ownership and distribution of resources to achieve social and economic equality. Other terms that may be used to describe the concept include wealth redistribution, social welfare, and economic egalitarianism.


What economic goal does a society consider when deciding the best way to distribute its wealth?

There are various economic goals that a security will consider when deciding the best way to distribute its wealth. The main consideration is equality and ensuring that all parties get a fair share.


How wealthy is the Islamic states?

The wealth of Islamic states varies significantly based on factors such as natural resources, economic diversification, and governance. Countries like Qatar, Saudi Arabia, and the UAE have high levels of wealth due to abundant oil reserves and strategic investments. However, other Islamic states may have challenges with economic development and wealth distribution.


Advantages of a centrally planned economic system?

wealth is shared and distributed equally, especially for those who need it. aside from that, natural resources are divided properly and are not wasted.


Is defined as the measurement of all economic goods which are owned?

wealth or wealth


Social responsibility and maximization of society's economic wealth?

Social responsibility and maximization of society's economic wealth has undergone through various changes. The entire society has to take up this responsibility of increasing wealth in their regions in various economic activities.


What is the cause of Distribution of wealth?

The redistribution of wealth is aimed at enhancing levels of economic equality.


Which economic providing equality of wealth?

Egalitarianism


What are the 4 basic assumptions required for a laissez faire capitalist economy?

- Economic freedom and freedom to compete. - Limited gov't interference. - Right to own private property and the resources neede to create wealth. - Creation of wealth being the concern of private citizens.


What are the 4 basic assumptions required for a laissez-faire capitalist economy?

- Economic freedom and freedom to compete. - Limited gov't interference. - Right to own private property and the resources neede to create wealth. - Creation of wealth being the concern of private citizens.