0
What else can I help you with?
In the classical economic model which of these rather then the government allocates the resources of the nation?
Price RAWRSAURS
What basic economic questions must the nation answer?
Scarcity of resources cause all nations to answer 3 economic questions because people have unlimited wants but limited resources to produce them.
What is plan economic?
Economic plan means utilisation of country's resources in different development activities in accordance with nation priorities
What term denotes a nation's basis for allocating its resources among its citizens?
An economic system
What is the key of this economic system?
The key to an economic system lies in how it allocates resources and distributes goods and services. This involves mechanisms such as supply and demand, market structures, and regulatory frameworks that govern economic interactions. Ultimately, the effectiveness of an economic system is determined by its ability to promote efficiency, equity, and sustainable growth.
In the classical economic model which of these rather then the government allocates the resources of the nation?
Price RAWRSAURS
In the classical economic model which of these rather than the government allocates the resources of the nation?
i believe it would be consumption nope its price
How did US government use the nation's economic resources during World War 2?
The US Government focused the nation's economic resources primarily on the war efforts.
What term causes a nation to have to answer the three basic economic questions?
Scarcity of resources
What basic economic questions must the nation answer?
Scarcity of resources cause all nations to answer 3 economic questions because people have unlimited wants but limited resources to produce them.
What is plan economic?
Economic plan means utilisation of country's resources in different development activities in accordance with nation priorities
What term denotes a nation's basis for allocating its resources among its citizens?
An economic system
What is the key of this economic system?
The key to an economic system lies in how it allocates resources and distributes goods and services. This involves mechanisms such as supply and demand, market structures, and regulatory frameworks that govern economic interactions. Ultimately, the effectiveness of an economic system is determined by its ability to promote efficiency, equity, and sustainable growth.
What is the primary factor in determining the type of economy in a nation?
The primary factor in determining the type of economy in a nation is how it allocates resources and produces goods and services, which is influenced by the level of government intervention and market mechanisms. Economies can be categorized as traditional, command, market, or mixed based on whether they rely more on central planning or free-market principles. Additionally, cultural, historical, and social factors also play a significant role in shaping a nation's economic system.
What rescources did our nation have?
The resources of a nation typically include natural resources such as minerals, forests, water, and fertile land, as well as human resources like a skilled workforce. Additionally, technological and industrial capabilities, infrastructure, and financial resources play crucial roles in a nation's economic strength. Each nation's specific resources can vary widely based on geography, climate, and development. Access to and management of these resources significantly influence a nation's growth and stability.
How does the price system allocates resources efficiency?
The price system allocates resources efficiently because prices act as a kind of signal to both producers and consumers in terms of resource allocation. Resource allocation is utilized in strategic planning.
What allocates system resources manages storage space and maintains security?
An operating system
