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How does Market Economy contribute to the Economic growth of US?
Wiki User
∙ 16y ago
I just want to find out what the contributions of the market economic system used in the United States are.
Wiki User
∙ 16y ago
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Critics claim that this type of economic system hinders economic growth-?
Critics claim that the planned economy, unlike the market economy hinders economic growth.
How do business enterprises contribute to economic growth?
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
Explain growth of the global economy?
There are only three factors that constitute and contribute to economic growth: Labor, Capital, Technology.
Why free market economies stimulate greater economic growth?
Free market economies stimulate greater economic growth in various ways. Such a market is able to integrated the demand and supply which makes the economy interactive and more productive.
What would contribute to a sustained high rate of economic growth in the long run in an economy?
growth in capital per hour accompanied by technological change
Critics claim that this type of economic system hinders economic growth-?
Critics claim that the planned economy, unlike the market economy hinders economic growth.
How do enterprises contribute to economic growth?
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
How do business enterprises contribute to economic growth?
Business enterprises contribute to economic growth by providing employment opportunities. This allows for more financial success and more money to flow into the economy.
Explain growth of the global economy?
There are only three factors that constitute and contribute to economic growth: Labor, Capital, Technology.
Why free market economies stimulate greater economic growth?
Free market economies stimulate greater economic growth in various ways. Such a market is able to integrated the demand and supply which makes the economy interactive and more productive.
What would contribute to a sustained high rate of economic growth in the long run in an economy?
growth in capital per hour accompanied by technological change
What determines the kind of economy a nation has?
A nation choses its economy based on its economic goals. Economic growth is often any nation's goals. With that in mind a free market economy will help achieve that goal.
How does the market economy work?
An increase in trade and aided the growth of market economy
How does market economy work?
An increase in trade and aided the growth of market economy
Why market economies stimulate greater economic growth whereas state-directed economies stifle growth?
I think that because market economy is and economic system in which the interaction of supply and demand determines the quantity in which goods and services are produced, whereas state-directed economy refers to an economy in which the state plays a proactive role in influencing the direction and magnitude of private-sector investments.
How does credit contribute to the growth of the economy?
no way hosay! :)
How can microeconomics contribute to economic growth of a country?
yes
