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What does it mean when they use the phrase Supply in the global economy?
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∙ 10y ago
Goods and services are produced in one country and imported to another to be sold to consumers.
Wiki User
∙ 10y ago
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Some economists believe the economy is self-regulating. What does this mean?
When an economy is self-regulating it means that the laws of supply and demand will be enough to control or monitor spending. If a supply is low the demand becomes higher, this in turn, may drive prices up if producers cannot keep up with consumer demand.
What does overall supply mean?
In math what does supply mean?
What does laissez mean?
it means "let do" this phrase is used in the british economy. it means: the state should not intervene in the economy of the individuals. The economy was free. This policy was practiced in britain till 1945 with the changing of government from The Conservative to The Labour Party.
What does supply mean in economics?
Supply is the amount of a product.
What does 'agricultural economy' mean?
An economy based on farming the land.
What does bric mean?
BRIC stands for Brazil, Russia, India, and China. These four countries are known for their rapidly growing economies and increasing influence in the global economy.
What does phytoforensic mean?
application of various techniques from microscopy to mass spectroscopy to detect adulteration in the global food supply chain with a special focus on dietary supplements
Some economists believe the economy is self-regulating. What does this mean?
When an economy is self-regulating it means that the laws of supply and demand will be enough to control or monitor spending. If a supply is low the demand becomes higher, this in turn, may drive prices up if producers cannot keep up with consumer demand.
Why did the phrase cotton is king mean?
The phrase "cotton is king" refers to the significance of cotton production in the economy of the southern United States before the Civil War. Cotton was a major cash crop that drove the region's economy and played a central role in shaping Southern society and politics. The phrase emphasized the economic and social power that cotton production held in the antebellum South.
What is negative inflation and how does it affect the Indian economy?
negative inflation mean there is decrease in thevalue of good but at slower rate.it is a situation where there is no demand in the economy as there is no supply of money in marketits not good for economy as the supplier donot find demand for their good in the market as a result they have to shut down their enterprises..and the economy growth start declining
What does overall supply mean?
In math what does supply mean?
What does ground phrase mean?
A ground phrase is a musical term referring to a recurring bass pattern or chord progression that provides a solid foundation for the harmonic structure of a piece. It is often repeated throughout the composition, anchoring the music and providing a sense of stability.
What do you mean about global wind system?
What is global wind
When you use the phrase prey what does it mean?
That is not a phrase
What does laissez mean?
it means "let do" this phrase is used in the british economy. it means: the state should not intervene in the economy of the individuals. The economy was free. This policy was practiced in britain till 1945 with the changing of government from The Conservative to The Labour Party.
What does global view mean?
global view is the view (not the view that we see) looking around in global
What does it mean when you say mining is a cornerstone of our economy?
What does it mean when we say mining is a cornerstone of our economy
