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What decides what economic activities develop in certain countries?
Wiki User
∙ 13y ago
There are A LOT of factors influencing this.
The way society behaves and the effect thereof are the most powerful decisive factors.
Wiki User
∙ 13y ago
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What is meaning of depreciation and devaluation and appreciation and revaluation?
depreciation is due to international economic pressure i.e the supply and demand of a currrency whilst devaluation is done by the government of a certain country , when it decides to set its currency or give its currency a certain value against others.
In Cuba what decides which goods and services are produced?
government mostly[market activities are limited in cuba]
Under the command economy who decides the answer to the three questions the all economic systems must answer?
the people
What is an economic system in which the government decides what will be produced how it will be produced who gets what is produced and who owns and controls the major factors of the production?
Command economy. wrooooooong!
Who decides what goods and services are produced in the US to trade with other country?
The USA is a Free Market Economy.This means:That what gets sold is what is purchased.For export the company selling decides to sell to another country. They start by sending or hiring sales people in that country or pursuing other marketing strategies that amount to the same thing.In other words the buyers and sellers decide what gets exported.BUTThe US government has laws that restrict certain technologies and products (guns for example) getting sold to certain countries.
Which countries has an economic system in which the central government decides what how and for whom to provide?
North Korea
What countries has an economic system in which the central government decides what and for whom to produce?
North Korea
What countries has an economic system in which the central government decides what how and for whom to produce?
North Korea
What is the basic economic that decides how high wages will be?
Supply and demand is the economic principle that decides how high wages will be
What is the basic economic principle that decides how high wages will be?
Supply and demand is the economic principle that decides how high wages will be
What is meaning of depreciation and devaluation and appreciation and revaluation?
depreciation is due to international economic pressure i.e the supply and demand of a currrency whilst devaluation is done by the government of a certain country , when it decides to set its currency or give its currency a certain value against others.
Who decides that certain types of behaviors are anti-social?
society
In Cuba what decides which goods and services are produced?
government mostly[market activities are limited in cuba]
Who controls the prices of goods and services in the economic system communism?
The government decides where to invest resources.
Who controls the the prices of goods and services in the economic systems of communism?
The government decides where to invest resources.
Who ultimately decides the structure of a nation's economic and governmental policy?
The executive branch, the president and his staff.
Under the command economy who decides the answer to the three questions the all economic systems must answer?
the people
