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First of all, China is a communist country. They are lead by a Dictatorship. The US is a capatilist country. China chooses their president by first having the current president choose a few people (around 5) and lets other political leaders vote and choose. China has around 1.3 billion people while we have 300 million. We have a free market economy and China does not. We have private ownership and China has no private property or in other words everything is owned by the government.
What else can I help you with?
What is the meaning of economies of product differences?
The meaning of economies of product differences... The greater the difference in products produced by two economies the greater the economic efficiency to be obtained from trade between the two as per the theory of comparative advantage.
What type of mixed economies exist today?
Today, mixed economies can be broadly categorized into two types: those with a greater emphasis on capitalism and those that lean more towards socialism. In capitalist-oriented mixed economies, such as the United States, the market largely drives economic activity with limited government intervention. Conversely, in more socialist-influenced mixed economies, like those in Scandinavian countries, there is a stronger role for government in regulating the economy and providing social welfare programs. Each type reflects a unique balance between private enterprise and public sector involvement.
What are the two most common types of economic systems in South and Southeast Asia?
The two most common types of economic systems in South and Southeast Asia are mixed economies and market economies. Mixed economies, characterized by a combination of government intervention and private enterprise, are prevalent in countries like India and Indonesia. In contrast, market economies, where supply and demand dictate production and pricing with minimal government involvement, can be seen in nations such as Singapore and Thailand. These systems reflect the diverse economic landscapes and developmental strategies across the region.
What are the sources of economies of scale?
The economies of scale attainable from large scale production fall into two categories. Internal and External.
What are three main economic systems in the world today?
The three primary economic systems are:1. Capitalist economies where the modes of production are carried out by the owners of the means of production (eg. the USA, the UK, Japan, Australia etc.)2. Socialist economies where the modes of production are run by the State or the Central authority (eg, Russia, PRC, Cuba etc.)3. Mixed economies where there is a mix of the above two processes (eg. India).
What is the meaning of economies of product differences?
The meaning of economies of product differences... The greater the difference in products produced by two economies the greater the economic efficiency to be obtained from trade between the two as per the theory of comparative advantage.
What type of mixed economies exist today?
Today, mixed economies can be broadly categorized into two types: those with a greater emphasis on capitalism and those that lean more towards socialism. In capitalist-oriented mixed economies, such as the United States, the market largely drives economic activity with limited government intervention. Conversely, in more socialist-influenced mixed economies, like those in Scandinavian countries, there is a stronger role for government in regulating the economy and providing social welfare programs. Each type reflects a unique balance between private enterprise and public sector involvement.
What are the two most common types of economic systems in South and Southeast Asia?
The two most common types of economic systems in South and Southeast Asia are mixed economies and market economies. Mixed economies, characterized by a combination of government intervention and private enterprise, are prevalent in countries like India and Indonesia. In contrast, market economies, where supply and demand dictate production and pricing with minimal government involvement, can be seen in nations such as Singapore and Thailand. These systems reflect the diverse economic landscapes and developmental strategies across the region.
Which plan to rebuild Europe actually widened the differences between the two European economies one tied to the US the other to the Soviet Union?
Marshall Plan
What happens when marsupials and placentals came into contact?
the two groups mixed together with minimal competition due to their niche differences
If two solutions are mixed together and they form layers they are said to?
be immiscible. This means that the two solutions cannot be mixed together evenly and instead separate into distinct layers due to their differences in polarity or density.
Why do socialist systems have mixed economies?
Socialism is not considered a mixed economy. Socialism is defined as a system based on public ownership of the means of production, self-management in enterprises, and production for use instead of production for private profit. There are two types of socialism: planned economies and market socialism. A mixed economy usually refers to a type of capitalism where the government intervenes in markets to affect economic outcomes, or engages in some minor indirect economic planning. Mixed economies are heavily capitalist: profit-driven enterprise is the dominant form of organization, most firms are privately-owned, and markets are still the primary way of coordinating the economy.
Two countries with market based economies?
There are several countries that have a market based economies. France and England are two countries that have this type of economy.
How did the differences between the northern and southern economies lead to the develop of two distinct cultural regions?
The southern economy depended largely on agriculture. The northern economy depended mainly on industry as its means of support. This led to the development of two different cultures.
How did the differences between the northern and the southern economies lead to development of two distinct cultural regions?
The southern economy depended largely on agriculture. The northern economy depended mainly on industry as its means of support. This led to the development of two different cultures.
Why did china split into two nations?
The Republic of china was established in 1912 under the rule of Sun Yat-sen. This was in the Xinhai Revolution. This turned China into the People's Republic of China and the Republic of China.
What are the main economic systems in the world?
The three primary economic systems are:1. Capitalist economies where the modes of production are carried out by the owners of the means of production (eg. the USA, the UK, Japan, Australia etc.)2. Socialist economies where the modes of production are run by the State or the Central authority (eg, Russia, PRC, Cuba etc.)3. Mixed economies where there is a mix of the above two processes (eg. India).
