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Why economic growth is desirable for modern open economies?
Why economic growth is desirable for modern open economies
How have world economies changed during the modern era?
Economic philosophies such as capitalism and communism have been developed.
Why is the gold standard considered bad for modern economies?
The gold standard is considered bad for modern economies because it limits the flexibility of monetary policy, constrains economic growth, and can lead to deflationary pressures. Additionally, it can create instability in the financial system and make it difficult for governments to respond to economic crises effectively.
Why more modern economists are mixed economies elaborate?
Most mixed economies can be described as market economies with strong regulatory.
Which economic system did socialism lead to?
Centrally-planned economies in the USSR and Eastern Bloc. Market socialism in Yugoslavia. State capitalism in modern day China and Vietnam.
Why economic growth is desirable for modern open economies?
Why economic growth is desirable for modern open economies
How have world economies changed during the modern era?
Economic philosophies such as capitalism and communism have been developed.
How have economies changed during the modern era?
Economic philosophies such as capitalism and communism have been developed.
Why is the gold standard considered bad for modern economies?
The gold standard is considered bad for modern economies because it limits the flexibility of monetary policy, constrains economic growth, and can lead to deflationary pressures. Additionally, it can create instability in the financial system and make it difficult for governments to respond to economic crises effectively.
What is Pastoralism in the modern world?
the practice of herding as the primary economic activity of a society.
Why are most modern economies referred as mixed economies?
poverty is always higest in countries with market economies
Why more modern economists are mixed economies elaborate?
Most mixed economies can be described as market economies with strong regulatory.
Which economic system did socialism lead to?
Centrally-planned economies in the USSR and Eastern Bloc. Market socialism in Yugoslavia. State capitalism in modern day China and Vietnam.
In modern economies what is the medium of exchange?
Money!
Which event is distinct from to the modern era?
The shift from agricultural to manufacturing economies.
All large modern economies have become mostly market economies because market economies provide?
the most efficient use of resources in producing what people want
Why are most modern economies referred to as mixed economy?
idgaf !!
