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What are Two core values in out government system?
Democracy and capitalism. Democracy is our political system based off the idea that government should be for the people, by the people. Capitalism is the economic system that allows citizens to control the market without government interference , thus giving in the term "free-market".
What are the different types of economics?
There are Market, Command (AKA Planned), And Mixed. In a Market Economy (Capitalism) Governments play a minor role. Command Economy (Often associated with Socialism and Communism) All major decisions are made by the government. Mixed Economy (Can be argued that it is the American System) Draws elements of both Market and Command to varying degrees.
What countries have two party system?
The United States has a two-party system.
Which two south american countries do not have coasts?
Paraguay and Bolivia.
Which of these featured a two house legislature with the lower house based on population?
which of these featured a two house legislature with the lowerr house based on population
What systems are most common in the English speaking countries of the world?
two
What two economies are widespread in the Middle East?
The two most widespread economies in the Middle East are oil-based economies and service-based economies. Oil-producing countries heavily rely on revenues from oil exports, while service-based economies focus on sectors like tourism, finance, and real estate. Both types of economies play a significant role in the overall economic landscape of the region.
Why is America and japan the two leading countries?
Very strong economies.
What are two countries in Southern and Eastern Asia with command economies?
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Competition and self interest are two important forces in?
Competition and self-interest are two forces in free market economies.
Do many African nations today have specialized economies?
Yes.75% of African countries have specialized economies today - they depend on exporting one or two products.
What two countries referred as emerging market?
there are more then two countries referred as emerging market. there are four and these are; Brazil, Russia, India and China
Compare and contrast the economies of Chile and Venezuela?
The economies of Chile and Venezuela differ based on the fact that they have different trades. For Chile it is considered to be the leader in the export destination and has defeated Venezuela. There are major products that serve as exports and they include petrol, coal and chemical products. The similarity between the two countries is in the fact that they are main exports of Colombia.
Why do centrally planned economies tend not to be efficient?
What are two reasons why a centrally planned economy tend to be less efficient than a market base economy
What are disadvantages of market economies?
The market economy has many advantages, but it also has its share of disadvantages. Two of the main disadvantages are that this type of economy can be very unstable and it tends to cause a large gap in the distribution of income.
What best explains why both Italy and Germany have been powerful countries in Europe?
Economy size usually contribute to power and the two have always had one of the largest economies of all countries.
How are the economies of the US and Canada linked?
both have high standard living, vast resources, and have free trade between the countries (NAFTA)The US needs different oils and minerals and Canada needs different types of foods. NAFTA helped a lot.
