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On capitalism Who gets the profits from goods sold and work preformed by business?
Wiki User
∙ 12y ago
Of course the business or company gets their profit that they made.
Wiki User
∙ 12y ago
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What are the importance of capitalism?
Capitalism is a system where money talks. You will purchase goods and services from a business and work to earn that money to make the system work.
A person who buys and sells goods to make money?
A person who buys and sells goods to make money is an entrepreneur. They have created a business that will hopefully generate profits.
What is the role of supply and demand in pure market capitalism?
Supply and demand both dictate the price of the goods sold in capitalism
What is guided capitalism?
when your state buys less imported, foreign goods and instead utilizes your own goods
What is capitalism like?
Capitalism is an economic idea where the people work for the people, not the government. Individuals own businesses, land, and goods. Capitalism has flourished because individuals are working for their own good - they have money to strive for. The opposite of capitalism is communism. An example of a country who uses capitalism is the USA.
On socialism who gets the profits from goods sold and work preformed by business?
Socialism is a society with no profits and no buying and selling. Gods and services are produced to meet human need.
What are the importance of capitalism?
Capitalism is a system where money talks. You will purchase goods and services from a business and work to earn that money to make the system work.
A person who buys and sells goods to make money?
A person who buys and sells goods to make money is an entrepreneur. They have created a business that will hopefully generate profits.
What are the uses of statistics in accountancy?
statistic in accountancy helps in knowing the financial position of the business...it also helps in knowing the amount of goods sold ,purchase of the goods and profits of the company...
When does Competition become productive?
Under capitalism, competition between corporations can become counter-productive if it leads to emphasis on making profits rather than producing good-quality goods or treating employees properly.
Identify the main goals and functions of US Business?
The main goal of most of the US business is to make profits. Depending with the type of business, the US businesses have the role of providing certain goods and services to its customers.
Advantages of marketing to a business?
They include: promotion of your business, enhanced brand recognition and improving the businesses profits by boosting sales. Marketing is the process by which companies create customer interest in goods or services.
Can a nonprofit corporation sale goods for profit?
Yes, non profits can sell goods to earn money for their business to pay for rent, utilities, and staff wages but they money cannot be given to board members for profit.
Advantages of marketing toa business?
They include: promotion of your business, enhanced brand recognition and improving the businesses profits by boosting sales. Marketing is the process by which companies create customer interest in goods or services.
What is the role of supply and demand in pure market capitalism?
Supply and demand both dictate the price of the goods sold in capitalism
What is guided capitalism?
when your state buys less imported, foreign goods and instead utilizes your own goods
What is the term capitalism?
A+ goods that are designed to increase the production potential of the economy
