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Adam Smith said that each person makes decisions based upon?

Anonymous

∙ 10y ago

Updated: 12/24/2022

Adam Smith said that each person makes decisions based upon supply and demand.

Wiki User

∙ 10y ago

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In decisions made in a system primarily based on markets?

Private company makes thier own decisions

In a traditional economy what are the economic decisions based largely on?

In a traditional economy the economic decisions are largely based on custom. In all centrally planned economies the government makes all important economic decisions.Ê

Who makes the economic decisions in Australia?

who makes australia's economic decisions

Who makes Cuba's economic decisions?

the government makes all the decisions, he is a dictator

Who makes economic decisions?

the government makes all the decisions, he is a dictator

Related Questions

A person utilizing the deontological ethical theory to make decisions makes the correct moral choice based on?

a person utilizing the deontological ethical theory to make decisions makes the correct moral choice based on?

What is used when court makes decisions based on common law?

Previous Judicial Decisions

What is used when a court makes decisions based on common law?

Previous Judicial Decisions

In decisions made in a system primarily based on markets?

Private company makes thier own decisions

What is a jury trial?

A jury in a trial makes the same decisions as a judge would in a bench trial. Based on evidence, they decide if a person charged is guilty or innocent.

What is the legal title for someone who makes health decisions for another person?

the name for a person that does that is a nutritionist

A person who makes quick often rash decisions often acts?

spontaneously

What type of government has a royal person who makes all of the decisions of the nation?

Monarchy

How are decisions made in a Cree reserve?

The Band, mainly the Chief, makes all important decisions based on family, tribal politics, and profit.

Who makes decisions at thorpe park?

the person who owns thorpe park is The Statue liberty

How many choices do we make in a day?

On average, a person makes about 35,000 decisions in a day.

What does ruled by one person mean?

Dictatorship, that only one person makes all of the decisions and controls everyone and everything.

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