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What is the consumer for the economic system?
Both buys goods for consumption and uses goods and services.
What situations would not be supported by a government practicing a mercantilist economic system?
the country's navy uses only imported wood and steel to build its ships
What is the definition of an Economic System?
The system of production and distribution and consumption.A.Free-market economyAn economic system where decisions are made by producers and consumers.C.Mixed economyAn economic system that uses both free-market and command principles.B.Planned economyAn economic system run by the government.
What does economey mean?
'Economy' (yes, 'economy' is the correct spelling) can mean: -All of a country's business, industry, etc., and the money they produce -A country that is an economic system -How a country uses its resources -Careful use of money -On an airplane, the lowest class (and cheapest) seats
What is Americas economic system?
America uses a Fractional Reserve Monetary System. or you could just say mixed capitalism
What other country uses the same economic system as South Africa?
china
What country uses a traditional system of economy?
The country that uses the traditional economy system is Cuba
What would not be supported by a government practicing a mercantilist economic system?
the country's navy uses only imported wood and steel to build its ships
What is the consumer for the economic system?
Both buys goods for consumption and uses goods and services.
What situations would not be supported by a government practicing a mercantilist economic system?
the country's navy uses only imported wood and steel to build its ships
Who uses a tradition based economic system?
The Amish people
What is the definition of an Economic System?
The system of production and distribution and consumption.A.Free-market economyAn economic system where decisions are made by producers and consumers.C.Mixed economyAn economic system that uses both free-market and command principles.B.Planned economyAn economic system run by the government.
Which of the following situations would not be supported by a government practicing a mercantilist economic system?
(Apex) The country's navy uses imported wood and steel to build its ships.
What is the county unit system?
The country of the United States uses the standard unit of measurement system. We are the only country in the world that still uses it.
What country uses the Monarchy system?
England
What country uses the VIA Rail ticket system?
The country that uses the VIA Rail ticket system is Canada. Via Rail is a train system in Canada that has nineteen different routes all over the country.
What countries are using the mixed economic system?
Canada uses a mixed economy -
