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An economic system run by the government?
Any governmental system that takes a lazze-faire (hands off) approach to the market is not responsible for how the economy is run. These economies are run by the market (buyers and sellers). Socialist and Communist governments take a centrally-planned approach to economics, usually ending disastrously.
Why did OPEC fail to keep the price of oil high?
This episode shows how supply and demand can behave differently in theshort run and in the long run. In the short run, both the supply and demand for oilare relatively inelastic. Supply is inelastic because the quantity of known oil reservesand the capacity for oil extraction cannot be changed quickly. Demand is inelasticbecause buying habits do not respond immediately to changes in price.
Does the word trickle mean?
to run down
Give a list command economies in the world?
Cuba: Cuba is one of the most Socialist nations, as it has a mostly state-run economy, universal healthcare, government-paid education at all levels, and a number of of social programs. It does not have a stock exchange. North Korea: The same is true of North Korea, which has an almost entirely state-run economy, as well as the same social programs mentioned for Cuba. Like Cuba, North Korea does not have a stock exchange. Venezuela: Economy has more private ownership, but the government social programs are quite extensive and the foreign policy is very left-wing. Cuban doctors and teachers have been brought to Venezuela to provide some medical and educational services. China: A substantial part of the economy is still state-run, although there are not as many social programs as there once were and universal healthcare has been eliminated. Still has a Socialist-type foreign policy, for the most part. Vietnam: A significant part of the economy is state-run. Close ties with Cuba, Venezuela, and Belarus. Syria: Although not commonly referred to as Socialist in the West, Syria has a mostly state-run economy and universal healthcare, along with a left-wing foreign policy. Belarus: Much of the Belarussian economy is state-run and some govt. social programs are available. Belarus has close ties with Venezuela, China, and other Socialist countries. Laos: A large part of the economy is state-run, and the government has close ties with most other Socialist countries. Zambia: Some elements of the economy are state-run, including most of the media. Universal healthcare and primary education are available. Zambia has a left-wing foreign policy and is friendly with China and North Korea. Turkmenistan: Mostly state-run economy, various free and subsidized services are provided by the government. Housing and transportation are subsidized, natural gas and electricity are provided to citizens free of charge.
What does a decrease in Aggregate demand mean starting from long-run equilibrium?
No
How is the government of Venezuela different from the other OPEC members profiled?
They're socialist in leadership, but run capitalist. Many OPEC countries are also in the Middle East, and Venezuela is in South America. Also it does not abide with USA's foreign policies 100% so its leader is often ridiculed in corporate sponsored media.
What group wanted a state run economy?
Socialist
What it takes to run a McDonald's?
Leadership skills.
Is the United Kingdoms government a liberal or socialist democracy?
The UK's ruling Labour party are a democratic socialist party.
What year did Eugene V Debs run for President?
1900, 1904, 1908, 1912, and 1916.
Can a corporation be run in a socialist way even in a capitalist country?
A corporation can be managed and structured in a socialist (co-operative) way in a capitalist economy. But it cannot be run in a socialist way (produce goods and services for use) in a capitalist economy, otherwise it would not survive in the market. A corporation can be organized as a co-operative, with workers collectively owning the corporation, with internal democracy. But that is the limit to how socialist it can become. It will not be able to operate as a full socialist organization as long as it exists in a capitalist economy.
Did William Howard Taft run for president of the US as a candidate for the socialist party?
William Howard Taft was a Republican.
How does the behavior of the pigs foreshadow their eventual leadership?
the pigs start to run every thing
What was the government run by three people who shared the authority and the leadership tasks in ancient Rome?
triumvirate
How does the behavior of the pigs foreshadow their eventual leadership positions?
The pigs' behavior of taking more than their fair share of the resources and making decisions without consulting the other animals foreshadows their eventual rise to leadership positions. They exhibit selfishness, cunning, and manipulation early on, which eventually allow them to consolidate power and establish themselves as the ruling class on the farm.
How does the behavior of the pigs foreshadow their eventual leadership position?
the pigs start to run every thing
What is Norman Thomas' quote from 1944?
TheAmerican peoplewill never knowingly adopt Socialism. But, under the name of 'Liberalism', they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation withoutknowing how it happened. I no longer need to run as a Presidential Candidate for the Socialist Party. The Democrat Party has adopted our platform.
