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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.
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.
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
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
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.
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.
