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In a country where the government has some control over the economy and buisnesses also provice goods and services that consumers want how do you describe their economic system?
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∙ 14y ago
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Wiki User
∙ 14y ago
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What groups of players make all of the economic decision in a free-market system?
consumers and producers
Why is government protection of consumers important in a capitalist economic system?
because it strengthens the economy
What are the meaning of economic planning and its features and the objectives?
Economic planning is a term used to describe the longterm goals of a government to develop the economy.
What is a centrally planned economy?
A centrally planned economy is an economic system in which economic decisions are made by the state or government rather than by the interaction between consumers and businesses.
What group of players make all of the economic decisions in a freemarket system?
The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.
What groups of players make all of the economic decision in a free-market system?
consumers and producers
Why is government protection of consumers important in a capitalist economic system?
because it strengthens the economy
Who Which government polices pursues the economic goal of equity?
protecting consumers from fraud
What are the meaning of economic planning and its features and the objectives?
Economic planning is a term used to describe the longterm goals of a government to develop the economy.
What is a centrally-planned economy?
A centrally planned economy is an economic system in which economic decisions are made by the state or government rather than by the interaction between consumers and businesses.
What is a centrally planned economy?
A centrally planned economy is an economic system in which economic decisions are made by the state or government rather than by the interaction between consumers and businesses.
“ which of the following does not describe the government of the United States “?
All citizens vote directly on economic policies
What government policies pursues the economic goal of freedom?
Protecting consumers from fraud <apex is gay>
What group of players make all of the economic decisions in a freemarket system?
The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.
What are the factors of production in an economic system?
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
In the united state which group actually makes most of the economic decisions?
The Consumers
How will you describe the economic and political status in philippines?
Very Bad, We are under the corrupt government. that's all how sad.
