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What is the most distinctive feature of capitalism?

growth


What is a distinguishing feature of a command system?

central planning


The distinguishing feature of the short run is that?

at least one input is fixed


What is the main distinguishing feature of oligopoly from other market structure?

The main distinguishing feature of oligopoly is the presence of a small number of firms that dominate the market, leading to interdependent decision-making. Unlike perfect competition, where many firms operate independently, or monopoly, where one firm controls the entire market, oligopolistic firms must consider the actions and reactions of their competitors when making pricing and production decisions. This often results in strategies such as price collusion, product differentiation, and non-price competition.


What feature stands out the more in market economies than in other kinds of economy's?

In market economies, the most prominent feature is the mechanism of supply and demand, which determines the prices of goods and services. This dynamic allows for consumer preferences to shape production and innovation, fostering competition among businesses. Unlike command or planned economies, where prices and production are often controlled by the government, market economies rely on individual choices and voluntary exchanges, leading to greater efficiency and variety in the marketplace. Additionally, the profit motive drives entrepreneurs to create new products and services, further distinguishing market economies.

Related Questions

Is there a distinguishing feature?

no


What is the distinguishing feature of a spider with a black back?

The distinguishing feature of a spider with a black back is its dark-colored dorsal side.


What distinguishing feature does a spider with a brown stripe on its back have?

A spider with a brown stripe on its back has a distinguishing feature that sets it apart from other spiders.


What is the distinguishing feature of a plant with an unlobed leaf?

The distinguishing feature of a plant with an unlobed leaf is that the leaf does not have any divisions or indentations along its edges.


What distinguishing feature does a sparrow with a white eye stripe have?

A sparrow with a white eye stripe has a distinguishing feature of a white stripe above its eye.


What is an essential feature of capitalism?

Inequity


What is the distinguishing feature of the planet Venus?

volcanoes


What distinguishing feature do black beetles with a brown stripe have?

Black beetles with a brown stripe have a distinguishing feature of a noticeable stripe running across their bodies.


What distinguishing feature does a brown spider with a black line on its back have?

A brown spider with a black line on its back has a distinguishing feature that helps identify it from other spiders.


What is the distinguishing feature of a brown spider with a black head?

The distinguishing feature of a brown spider with a black head is the contrast between the brown body and the black head.


What is the distinguishing feature of a green caterpillar with a white stripe?

The distinguishing feature of a green caterpillar with a white stripe is the prominent white stripe running along its body.


What is the distinguishing feature of a red spider with a black abdomen?

The distinguishing feature of a red spider with a black abdomen is the contrast between the red body and the black abdomen.