0
What else can I help you with?
What term matches this description the government makes all of the decisions and consumer choices are given little attention?
A government that makes all of the decisions and consumer choices are given little attention is an authoritarian government. Communism is just one type of authoritarian government. This is a characteristic of communism, as opposed to capitalism. The drawback to the communist system of government, as usually applied, is that the consumer is subject to the decisions of the government, and therefore to the needs of the populace as a whole. This does not give the individual much control over the type of goods that he is provided. This is more precisely a command economy, which used to be practiced as "communism" in the Soviet Union.
What type of system does the government make no economic decisions?
The type of system where the government makes no economic decisions is known as a free-market economy. In this system, economic decisions are driven by individual choices and market forces, such as supply and demand. Businesses and consumers operate with minimal government intervention, allowing for competition and innovation. This approach promotes efficiency and consumer choice but can also lead to inequalities and market failures.
How the decisions you make as a consumer influence the economy?
everyone as a consumer affects the economy on what they spent and how they spent
What are some examples of consumer preferences that influence purchasing decisions?
Consumer preferences that influence purchasing decisions include brand loyalty, price sensitivity, product quality, convenience, and personal values.
A firm is dependent on which of these to help it make decisions about production?
consumer taste
In a command economy which factor answers the question of what to produce?
government decisions
Where can one find information on consumer law?
Information on consumer law can be found on the specific country's government website for consumer law. It can also be found at the National Consumer Agency.
What term matches this description the government makes all of the decisions and consumer choices are given little attention?
A government that makes all of the decisions and consumer choices are given little attention is an authoritarian government. Communism is just one type of authoritarian government. This is a characteristic of communism, as opposed to capitalism. The drawback to the communist system of government, as usually applied, is that the consumer is subject to the decisions of the government, and therefore to the needs of the populace as a whole. This does not give the individual much control over the type of goods that he is provided. This is more precisely a command economy, which used to be practiced as "communism" in the Soviet Union.
What does not influence consumer decisions?
The GDP
How does information provided by the government influence consumer decision?
Consumers do not buy products revealed to be dangerous.
Consumer decision making model?
The consumer decision making model helps businesses determine how consumers make decisions. When managers understand this, they can use the information to increase the chances of consumers purchasing their products.
Where is it possible to find the contact information of Consumer Protection?
It is possible to find the contact information of Consumer Protection online at your state government website. The number is different for each state. For example, the number for Consumer Protection in South Dakota is (605) 773-4400.
Where can you obtain consumer rights advice in the United Kingdom?
The United Kingdom Government official website provides information and advice about consumer rights. The Adviceguide website also provides consumer rights advice.
How the decisions you make as a consumer influence the economy?
everyone as a consumer affects the economy on what they spent and how they spent
How do technologies affect our economic decisions?
the consumer economic decisions can affect the price and supply of a commodity
What does consumer direct mean?
Consumer direct was a call center service provided by the Government in the United Kingdom. This service helped provide important consumer advise and legal information regarding problems with goods and service providers.
How can you access reliable consumer info?
Consumer information can be found on sites like Consumer World, TLS Data, RJ Consumer, Consumer Information Canada and Consumer FTC Info. There are also other websites available online for you to purchase consumer information.
