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Who owns the factors of productiom and makes economic decisions in a market economy?
Individuals own the factors of production and make economic decisions in a market economy. This is in contrast to a command economy, where the government makes those decisions.
What does the government have to do with making economic decisions?
The government has to make economic decisions by budget, giving aid, and the government gets their money from taxes.
What is the best description of microeconomics?
The study of the economic behavior and decisions of individuals and businessesthe study of the economic behavior and decisions of individuals and businesses
An economic system in which the central government directs all major economic decisions?
an economic system in which the central government directs all major economic decisions
What group of players make all of the economic decisions in a freemarket system?
The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.
Who owns the factors of productiom and makes economic decisions in a market economy?
Individuals own the factors of production and make economic decisions in a market economy. This is in contrast to a command economy, where the government makes those decisions.
What is the best description of microeconomics?
The study of the economic behavior and decisions of individuals and businessesthe study of the economic behavior and decisions of individuals and businesses
What does the government have to do with making economic decisions?
The government has to make economic decisions by budget, giving aid, and the government gets their money from taxes.
An economic system in which the central government directs all major economic decisions?
an economic system in which the central government directs all major economic decisions
What group of players make all of the economic decisions in a freemarket system?
The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.
Who individuals make all economic decisions?
gov't
Who makes Cuba's economic decisions?
the government makes all the decisions, he is a dictator
Who makes decisions for a mixed economy?
Government officials and legislatures make economic decisions
Who makes economic decisions?
the government makes all the decisions, he is a dictator
Who makes the economic decisions of Cuba?
The government of Cuba.
What kind of government makes political economic and social decisions?
Democratic Government.
Who makes economic decisions in a mixed economy and why?
The government makes all the decisions because the government does all the spending and taxation to provide jobs and services and he also influences on the economic growth
