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a business cycle
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∙ 12y ago
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Which refers to the fluctuations of growth and decline in an economy?
business cycle
Which type of economic system should not experience market fluctuations?
market economy
What industries of sectors of the economy will business cycle fluctuations likely have the greatest effect on output?
capital goods
What is an economy controlled by the government?
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
What kind of economy do most nations in the world today use?
mixed economy
Which refers to the fluctuations of growth and decline in an economy?
business cycle
Which type of economic system should not experience market fluctuations?
market economy
The dividing of India into two nations was referred to as what?
The dividing of India into two nations is referred to as 'Partition.'
What industries of sectors of the economy will business cycle fluctuations likely have the greatest effect on output?
capital goods
When you use the expression Third World what are the First and Second Worlds supposed to be?
When the terms were coined, First World referred to NATO nations, Second World referred to Bloc nations, and Third World referred to nonaligned nations.
The industries or sectors of the economy in which business cycle fluctuations tend to affect output the most are?
services and nondurable goods
What is an economy controlled by the government?
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
What type of economic systems is also referred to as a subsistence economy?
Traditional Economy
What kind of economy do most nations in the world today use?
mixed economy
How did the panic of 1837 affect the the nation's economy?
it ruined the nations economy by no money
Which if these events can affect a nations economy?
all of these.!!
Why are developed nations sometimes referred to as industrialized nations?
Because most of the developed nations of the world are highly industrialized
