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A basic characteristic of a command system is that?
A basic characteristic of a command system is that the government owns most economic resources.
Why is the international banking system considered decentralized?
Most political and economic analysts and leaders of public and economic policies will agree that a good part of international banking is decentralized. This is because of the large number of international banking organizations are so numerous. As new economic powers emerge, more diversity is created and new markets as well. No one country or banking system can control the world's economy. It's too diverse. Thus international banking, commerce and other financial organizations are decentralized.
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
Should rights be a characteristic of an economic system?
Yes, at least basic honesty. Profiting by deciet and misreprpresentation is wrong.
The private ownership of property resources and use of prices to direct and coordinate economic activity is characteristic of..........?
A market system.
A basic characteristic of a command system is that?
A basic characteristic of a command system is that the government owns most economic resources.
Why is the international banking system considered decentralized?
Most political and economic analysts and leaders of public and economic policies will agree that a good part of international banking is decentralized. This is because of the large number of international banking organizations are so numerous. As new economic powers emerge, more diversity is created and new markets as well. No one country or banking system can control the world's economy. It's too diverse. Thus international banking, commerce and other financial organizations are decentralized.
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
The feudal system in both medieval Europe and early japan were characterized by?
A decentralized politcal system
What is the difference between a centralized and decentralized Payroll System?
between centralized and decentralized payroll
What was the economic characteristic of the colony of New Hampshire?
A economic characteristic of New Hampshire is rich soil.
Should rights be a characteristic of an economic system?
Yes, at least basic honesty. Profiting by deciet and misreprpresentation is wrong.
Around 1000 AD the characteristic form of economic and social organization in northwestern Europe was the system?
Free market
The private ownership of property resources and use of prices to direct and coordinate economic activity is characteristic of..........?
A market system.
The private ownership of property resources and use of prices to direct and coordinate economic activity is characteristic of?
a Market System
The economic system in which the government is in almost complete control of the economic activity is called?
State capitalism. Not Communism, which has no government and no wages system.
What was not a characteristic of the Shang Dynasty?
A decentralized government was not a contributing factor to the success of early rulers of the Shang dynasty. Anyang was the capital of the dynasty.
