What are the vital criteria use to jugde the performance of the various economics system
There are many criteria that can be used to judge an economic system, but the main ones are efficiency and equity. Efficiency is defined as not just having markets that fit the theoretical definition of efficient, but having growth in the size of the economy and lots of innovation. Equity is the distribution of the income. The most efficient economy in the world does no good if the income from it is owned by a few people, and the rest live in wretched poverty. Equity also means the ability of every person to have the necessities of life, such as food, clothing, shelter, education, health care, etc.
A measurement of economic indicators.
1. A covert agent or mercenary of economics specializing in unorthodox arts of economics. The functions of the ninja included espionage, sabotage, infiltration, and assassination, as well as open economic combat in certain situations. 2. A passive-aggressive economic policy. 3. To travel in disguise to other economic territories to judge the situation of the economic enemy, they would inveigle their way into the midst of the economic enemy to discover flaws, and enter enemy economic system to disrupt the system, and carried out economic model assassinations, arriving in secret.
should an economic test be applied in judging the activities of a corporation
A measurement of economic indicators: )
criterias for good economic system
Using one set of criteria to judge others and a different criteria to judge ourselves is called hypocrisy.
Using one set of criteria to judge others and another set of criteria to judge another is called hypocrisy. It involves holding different standards for different people or situations, often leading to inconsistency.
Double jeopardy refers to being prosecuted for the same crime twice, which is typically not allowed due to constitutional protections against double jeopardy. It does not specifically refer to using different criteria to judge others versus ourselves.
It is called a double standard. This occurs when individuals hold others to a different standard of behavior or expectation than they hold themselves, often leading to unfair and biased judgments.
In business terminology, the abbreviation "KPI" stands for "key performance indicator." When beginning a project or launching a new system for production, companies compose a list of criteria on which to judge the effectiveness of the new system. Each of these criteria becomes known as a KPI.
There are many criteria that can be used to judge an economic system, but the main ones are efficiency and equity. Efficiency is defined as not just having markets that fit the theoretical definition of efficient, but having growth in the size of the economy and lots of innovation. Equity is the distribution of the income. The most efficient economy in the world does no good if the income from it is owned by a few people, and the rest live in wretched poverty. Equity also means the ability of every person to have the necessities of life, such as food, clothing, shelter, education, health care, etc.
There are many criteria that can be used to judge an economic system, but the main ones are efficiency and equity. Efficiency is defined as not just having markets that fit the theoretical definition of efficient, but having growth in the size of the economy and lots of innovation. Equity is the distribution of the income. The most efficient economy in the world does no good if the income from it is owned by a few people, and the rest live in wretched poverty. Equity also means the ability of every person to have the necessities of life, such as food, clothing, shelter, education, health care, etc.
That can certainly be one of the criteria - especially by employers.
The judges are given specific instructions on what criteria to look for and go from there.
Answer this question… The standards or requirements used to judge a work's value.
A measurement of economic indicators.