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What else can I help you with?
The power of consumers to decide what gets produced is called?
Consumer sovereignty http://en.wikipedia.org/wiki/Consumer_sovereignty
The difference between a command economy and a demand economy?
A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.
What is the concept that people may decide what and when they want to buy or sell called?
The concept that allows people to decide what and when to buy or sell is called "consumer sovereignty." This principle asserts that consumers have the power to influence the market by their purchasing decisions, reflecting their preferences and priorities. It plays a crucial role in a free market economy, where supply and demand dynamics are driven by individual choices.
Why did Equador decide to produce what they produced?
who knows?? not meee. :)
What will a rational consumer does?
A rational consumer is a consumer who hesitates to be satisfied with the little amount he has. A rational consumer, therefore tries to maximises inorder to get its total utility. He might not decide to draw a scale of preference because he has alimited resources.
The power of consumers to decide what gets produced is called?
Consumer sovereignty http://en.wikipedia.org/wiki/Consumer_sovereignty
What is the difference between sovereignty and independence?
Sovereignty is the freedom to decide; independence is the capacity to decide.
What is the practice of allowing each territory to decide for itself whether or not to allow slavery?
the sovereignty of each state, known as popular sovereignty
What soverignty let residents decide the slavery issue?
Popular Sovereignty
What term means allowing people to decide issues for themselves?
popular sovereignty
What did Stephen a Douglas propose letting the people decide about slavery?
popular sovereignty
The difference between a command economy and a demand economy?
A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.
Stephen A Douglas proposed letting the people decide about slavery through?
Popular Sovereignty
The concept that a territory should be allowed to decide wheather to have slavery was known as?
popular sovereignty
The concept that a territory should be allowed to decide whether to have slavery known as?
Popular sovereignty
Stephen Douglas proposed letting the people decide about slavery through?
popular sovereignty
How is popular sovereignty related to limited government?
In each of them the people were recognized as the sole source of authority for government.
