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In what type of economy are all basic economic decisions are made by producers and consumers.?
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Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
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 is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
What can Americans do to influence the economic goals of the nation?
While consumers and producers make most decisions that mold the economy, government has a powerful effect on the US economy in a last four areas, as the government uses a capital system.
Match the economic system with the players who are responsible for the important economic decisions?
Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers
Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
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.
Who ha pure market economy?
In a pure market economy, producers and consumers have the freedom to make their own economic decisions, without those decisions being guided or dictated by a central controlling mechanism.
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
Match the economic system with the players who are responsible for the important economic decisions?
Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers
What can Americans do to influence the economic goals of the nation?
While consumers and producers make most decisions that mold the economy, government has a powerful effect on the US economy in a last four areas, as the government uses a capital system.
Which economic systems leaves production decisions completely up to the producers?
Free-market economy
Are consumers and producers free to make many decisions in Israel?
Yes. Israel has a technologically advanced market economy, including rapidly developing high-tech and service sectors, and both consumers and producers free to make many decisions.
Which of the following economic systems leaves production decisions competely up the producers?
free-market 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.
Match the economic system with the players who are responsible for the important economic decisions.?
Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers
