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Who makes the economic decisions of India?

The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.


How are economic decisions made in a traditional economy?

they are made by custom and habit


How are economic decisions made in traditional economy?

they are made by custom and habit


How are basic economic decisions made under capitalism?

Economic decisions under capitalism are made with an eye to increasing profits. Government involved is limited, and social responsibility is not a major consideration.


What are examples of typical economic decisions made by the managers of a firm. determine whether is an example of what how and when?

following are examples of typical economic decisions made by the managers of a firm. determine whether is an example of what, how, and when?


Who made all economic decisions?

Economic decisions can be made by various entities depending on the context. In a market economy, individual consumers and businesses make decisions based on supply and demand. In a command economy, the government or central authority typically makes all economic decisions. In mixed economies, a combination of both market forces and government regulations influences economic decision-making.


What is an economic system in which decisions are made largely by the interactions of buyers and sellers?

,


How are economic decisions are made under capitalism?

they are based on who can sell the most


2 In a free-enterprise economic system unlike a command system economic decisions are made primarily by?

Consumers.


In an economic system decisions need to be made about productive resources and which of the following?

Allocation


An economic system where decisions are made by producers and consumers are what?

Free-Market system


What is system in which the major economic decisions are made by the central government?

Command economy