They organize resources to try to meet a society's wants and needs.
who makes australia's economic decisions
the government makes all the decisions, he is a dictator
The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.
the government makes all the decisions, he is a dictator
Ministry of Finance
who makes australia's economic decisions
the government makes all the decisions, he is a dictator
The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.
the government makes all the decisions, he is a dictator
the president...
2012
Ministry of Finance
Communism - land, means of production and property are owned by the people as a group, but the government makes all the economic decisions. The government decides which goods are available at a given time. Socialism - all land, property, and means of production is controlled by the government. All economic decisions are made by the government. The government decides what gods are produced. Capitalism (market economy) - entrepreneurs risk capital in a business. Economic decisions of what to produce is controlled by supply and demand. Price is controlled by demand for the most part. Private ownership is an important part of capitalism. Government decisions affect the economy in a capitalistic society. Barter- People trade for what they need.
Government officials and legislatures make economic decisions
Individuals own the factors of production and make economic decisions in a market economy. This is in contrast to a command economy, where the government makes those decisions.
The Consumers (NOVANET)
The people who is in head of the business.