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What is an example of a subsistence economy?
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
Caracterestic of comand economy?
One of the chief characteristics of a command economy, is that the individual pursuit of wealth is replaced by a concerted effort from all economic channels to improve society as a whole.
How does the circular flow of economic activity generates wealth in an economy?
It doesn't. The economy will remain stagnent.
The key ingredient in the creation of wealth in the US economy is?
knowledge
The way in which people deal with the creation and distribution of wealth?
economy
What is an example of subsistence economy?
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
What is an example of a subsistence economy?
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
What is a example of a subsistence?
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
The manor economy is based on?
The manor economy, like the economy of the middle ages as a whole, is based on agriculture. Farming, herding, orchards, and textile production was the basis of most wealth.
Caracterestic of comand economy?
One of the chief characteristics of a command economy, is that the individual pursuit of wealth is replaced by a concerted effort from all economic channels to improve society as a whole.
What do Powhatans use their crops for?
surviving and trading. It inproved their wealth and economy surviving and trading. It inproved their wealth and economy
Who own economy in Peru?
the top 10% of wealth
How does the circular flow of economic activity generates wealth in an economy?
It doesn't. The economy will remain stagnent.
Does increase in paper wealth indicate that real wealth of the economy has increased?
The increase in paper wealth does not indicate that the real wealth of the economy has increased because real wealth refers to something which is there to support our life, example food,shelter. Suppose we own a house and we are planning to sell it. Assuming that we sold it by a value more than we purchased it. Therefore the paper wealth increases and real wealth does not.
The key ingredient in the creation of wealth in the US economy is?
knowledge
The way in which people deal with the creation and distribution of wealth?
economy
What were the signs of unsound economy in the 1920s?
unequal distribution of wealth.
