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When a country has a market economy which of these statements correctly defines this system?
Wiki User
∙ 9y ago
Companies produce goods of their choice and consumers decide whether to buy the goods
Wiki User
∙ 9y ago
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A country has a capitalist economy. Which of the following statements applies to it?
Companies compete with each other for business.
Is spending good for the economy?
Spending money is what defines an economy. If we were all self-sufficient, the economy would collapse.
What statement correctly describes the Japanese economy after world war1?
The japanese economy or the japan's economy
A country has a command economy. Which of the following statements applies to it?
The government owns and controls all major industries-apex
What defines aggregate demand?
the total demand for final goods and services in the economy
A country has a capitalist economy. Which of the following statements applies to it?
Companies compete with each other for business.
Is spending good for the economy?
Spending money is what defines an economy. If we were all self-sufficient, the economy would collapse.
Which of these statements is true with regard to Syria's economy?
Syria has a diversified socialist economy.
What factors related to the economy must be considered in the preparation of prospective financial business statements?
What are the economic conditions in the country?What are critical economic trends?Is the economy inflationary, deflationary, or stable?What is the trend with regard to labor availability?
What statement correctly describes the Japanese economy after world war1?
The japanese economy or the japan's economy
A country has a command economy. Which of the following statements applies to it?
The government owns and controls all major industries-apex
Which of these statements best describes Bulgaria's economy?
The economy has improved because of a government reform program.
What defines aggregate demand?
the total demand for final goods and services in the economy
Are salesman really indispensable in country's economy?
Salesmen are not really indispensible in the country's economy.
What is the largest country with the largest economy?
The country with the largest economy in the world is to the United States, which is the third largest by area and by population. However, the largest country in the world, Russia, has the 9th largest economy out of any country. The most populated country in the world, China, has the 2nd largest economy out of any country.
Economy of usa a developing country?
It has a Market Economy
Which of the following statements most accurately describes the economy that exists in Hong Kong?
It is mostly a free market economy with few government regulations.
