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What is the definition of commercial goods?
commercial goods refers to those goods which produce in own country like any this to consume. It can also refer to any consumer good available at a given time.
Do durable goods include both consumer goods and capital goods?
Yes. Durable goods as such are those goods which have a long expiry date.
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
Effects of excess supply of goods in a country?
the government will buy those excess goods.
How do countries decide what goods to import and export?
Countries decide what goods to import and export based on factors such as resource availability, comparative advantage, and market demand. They analyze their domestic production capabilities and the global market to identify goods that they can produce efficiently while importing those that are more cost-effective to obtain from other nations. Additionally, trade agreements, tariffs, and economic policies influence these decisions, ensuring that they align with national interests and economic strategies. Ultimately, the goal is to enhance economic growth and improve consumer choice.
What is the definition of commercial goods?
commercial goods refers to those goods which produce in own country like any this to consume. It can also refer to any consumer good available at a given time.
What is the main reason that Egypt traded with other civilizations?
Ancient Egypt could not produce all of the goods and luxuries that Egyptians wanted to consume, so, trade is the appropriate mechanism to get those goods and luxuries.
What are the three kinds of consumers?
I like this question! There are more than three actually. We have 1. Those who eat, such as those who consume veggies, meat, potatoes (these eventually consume a lot of space). 2. Those who buy, those who purchase goods and services (hardware, cars, haircuts, entertainment etc.) 3. Those beings or things that simply consume energy, like black holes, automobiles (which is kind of like "eating" hydrocarbons. But I must mention number 4, and that is the reader like you who loves to consume knowledge.
Preliterate societies are those that?
never developed writing Preliterate societies are those that have not formed any kind of written language yet. These include societies such as some tribes in Brazil who communicate by verbal language only.
What were the main differences between hunter gatherer societies and those based on agriculture?
what were the main differences between hunter gather societies and those based primarily on agriculture
Do durable goods include both consumer goods and capital goods?
Yes. Durable goods as such are those goods which have a long expiry date.
What is the deference between law and sociology?
Sociology is the study of human societies and law is the legal rules to govern those societies.
What are the components of the respiration processes?
These are Two: those that produce Energy and those that consume Energy.
Which of these goods might be sold to the government by business firms?
all of those goods
What role have public speeches served in ancient societies?
Public speeches serve to inform, influence, or entertain. In ancient societies, as well as societies today, they are used for all of those purposes.
What is the role of comsumers?
To consume goods and services. Fortunately, as humans we are more than consumers. Defining people as "consumers" risks dehumanization. We have many more important roles and those who forget that are missing most of what is really important in life.
When is it suggested that you should not consume alcohol?
For those pursuing maximum health or for the religious, the best answer is "You should never consume alcohol"!
