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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.
Who makes decisions for a mixed economy?
Government officials and legislatures make economic decisions
In which economic system does the government make most economic decisions?
command economy
Government makes some economic decisions individuals and companies make other decisions?
Mixed economy.
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 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.
Who makes decisions for a mixed economy?
Government officials and legislatures make economic decisions
In which economic system does the government make most economic decisions?
command economy
Government makes some economic decisions individuals and companies make other decisions?
Mixed economy.
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
In Which type of government of economic system does the government make no decisions?
There are several such systems, but the most popular is the laissez-faire system.
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.
Who made all economic decisions?
Economic decisions can be made by various entities depending on the context. In a market economy, individual consumers and businesses make decisions based on supply and demand. In a command economy, the government or central authority typically makes all economic decisions. In mixed economies, a combination of both market forces and government regulations influences economic decision-making.
In which type of economic system does the government make no economic decisions?
There are several such systems, but the most popular is the laissez-faire system.
Who makes Cuba's economic decisions?
the government makes all the decisions, he is a dictator
Why do public goods demonstrate the limitations of a free market economy?
They allow government to make some economic decisions..
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.
