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This is because in a capitalist economy (or market economy), the amount of goods produced depend on the demand and the supply for that good in the market while price acts as an incentive and a signal. This means that all goods are provided such that at that particular price, all demands that people have for that good is satisfied.
What to produce, how to produce it, and for whom to produce it
Wiki User
∙ 12y ago
Wiki User
∙ 11y agoStop selling products that make us sick or cost so much - they make too much profit off us or stop selling us junk that don't last long just so we will upgrade or go back and buy another later to keep their money flow up - if capitalism served society - they would strave on the downside so they live to rip us off with things we never needed and end up making society worse in most cases like mcdonalds.
Wiki User
∙ 16y agothe economy is like a helping hand to solve the economy basic problem
paulbenn
It doesn’t, as capitalism artifically limits what is produced, and ensures that the vast majority of people are only just able to satisfy their needs.
Wiki User
∙ 12y agoby ending
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How do you solve poverty as economic problem?
The government transfers money to the poor.
What economic system did Keynes believe in?
Keynes' main focus was toward Aggregate Demand. His belief was that an increase or decrease in spending would solve any problem.
American business leaders favored expansion in order to?
Solve the economic problem of overproduction
How market forces help to solve basic economic problems?
how does the market mechanism solve the basic problem of free market economy?
Discuss whether the price mechanism is an effective way to solve the basic economic problem?
Price mechanism is an effective way to solve the basic economic problem. The price of a product is what will determine the demand and this will influence the production output which directly affects the economy.
How does a command economic system solve their economic problem?
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How does socialism solve economic problem?
By doing away with the economy and having a system based on production for use, with free access and no money or prices.
What was the chief economic problem Cleisthene wanted to solve?
how to make soup
How do you solve poverty as economic problem?
The government transfers money to the poor.
What economic system did Keynes believe in?
Keynes' main focus was toward Aggregate Demand. His belief was that an increase or decrease in spending would solve any problem.
You might be able to solve a problem with a notebook that has an unstable system or a motherboard component by?
You might be able to solve a problem with a notebook that has an unstable system or a motherboard component by?
How does America solve the problem on economic crises?
Apparantly by spending buttloads of money that we don't have.
How did Canada solve economic problem's in the early 1900?
I don`t know help me
American business leaders favored expansion in order to?
Solve the economic problem of overproduction
How can you solve economic problem?
it can be solve by if we can enhance to use more and more natural resources and decrease the chemical things which can pollute our enviroment
How market forces help to solve basic economic problems?
how does the market mechanism solve the basic problem of free market economy?
Discuss whether the price mechanism is an effective way to solve the basic economic problem?
Price mechanism is an effective way to solve the basic economic problem. The price of a product is what will determine the demand and this will influence the production output which directly affects the economy.
