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What is allocation in economics?
The allocation process in a particular society's economy is the process by which the three fundamental economic questions get answered in the society.
What is an economy in which the government makes the decisions of goods production?
A command economy is one in which the government makes decisions regarding production, consumption, and all other aspects of the economy. It is a primary feature of any communist society.
What three questions define the economy of a society?
what goods and services should be produced? How should goods and services be produced? who should get and use the goods and services?
Why might a socialist society have a less rigid economy than a communist society?
In a socialist society, various political systems may be combines with public control of the economy.
Compare capitalist economy with socialist economy?
Socialism means a classless stateless society with no money or prices or buying and selling. hence there can be no such thing as a Socialist economy.
What is allocation in economics?
The allocation process in a particular society's economy is the process by which the three fundamental economic questions get answered in the society.
What is an economy in which the government makes the decisions of goods production?
A command economy is one in which the government makes decisions regarding production, consumption, and all other aspects of the economy. It is a primary feature of any communist society.
An essay regarding backwardness of society in India?
an essay regarding backwardness of society in India
What are the basic questions every society must answer?
What goods and services are to be produced with the limited resources of a society.? How can the limited resources be used to benefit the society? Who are to be benefited from the existing resources:? How can the economy change to the fluctuating environment? How can health and sustainability be addressed?
What is the main characteristic of how a society develops?
Society typically forms from the economy-up, meaning the economy is the base of society.
How does each society determine who will consume what is produced?
Societies determine who will consume what is produced through various systems such as market economy, command economy, traditional economy, or mixed economy. In a market economy, pricing and consumer demand play a significant role in allocation. In a command economy, the government decides on distribution. Traditional economies follow customs and traditions, while mixed economies combine elements of both market and command systems.
What three questions define the economy of a society?
what goods and services should be produced? How should goods and services be produced? who should get and use the goods and services?
What are the 5 basic questions every society must answer?
What goods and services are to be produced with the limited resources of a society.? How can the limited resources be used to benefit the society? Who are to be benefited from the existing resources:? How can the economy change to the fluctuating environment? How can health and sustainability be addressed?
How do you determine the year of manufacture for a Remington 742?
Remington Society of America site: barrel code stamped. http://remingtonsociety.com/rsa/questions/barrelcodes
What are good essay questions about new zealand?
Assess the impact of natural disasters on New Zealand's economy and society. Assess the impact of industrialisation and white settlement on the Maori community.
Why might a socialist society have a less rigid economy than a communist society?
In a socialist society, various political systems may be combines with public control of the economy.
What is ancient and rome society and economics?
The society and economy of ancient Rome was the society and economy of the ancient Romans, whose civilisation spanned from 753 BC to 476 AD.
