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In which economic system do producers make economic decisions while following government regulations?
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Consumers influence the decisions of producers in which of the following ways?
Through the purchasing decisions they make
Consumers influence the decisions of producers in which of the following way?
through the purchasing decisions they make
Which of the following economic systems leaves production decisions competely up the producers?
free-market economy
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
Which of the following is the main force behind the decisions made by producers in a free markey system?
The profit motive(apex)
Consumers influence the decisions of producers in which of the following way?
through the purchasing decisions they make
Consumers influence the decisions of producers in which of the following ways?
Through the purchasing decisions they make
Which of the following economic systems leaves production decisions competely up the producers?
free-market economy
Who of the following best explains how a free-market system has a circular flow of influences?
Consumer decisions affect producers, and producer decisions affect consumers
What is the role of government in a market system?
In a free market system, there are producers that make the product and consumers that purchase the product. The government just needs to make sure that the participants are following the laws and regulations and to provide proper infrastructure such as good roads and railways.
In a socialist society the government does not do which of the following?
provides freedom of choice for producers
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
Why does the free market system required government regulations?
Producers are driven by the profit motive to work against competition.
Which of the following is the main force behind the decisions made by producers in a free markey system?
The profit motive(apex)
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 would happen if there is no government and all production decisions are left to the private producers?
19-05-2013 Expect us.
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.
