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Which economic system favors decisions by consumers but allows for some central planning?
Mixed Capitalism
This economic system favors decision by consumers but allows for some central planning?
mixed capitalism
The economic system favors decisions by consumers but allows for some central planning?
Mixed economies are a combination of capitalism and centrally planned economy. In such systems, consumers have purchasing power, but there is strong government involvement in the provision of public goods.
An economic system in which the central government directs all major economic decisions?
an economic system in which the central government directs all major economic decisions
Who made all economic decisions?
Economic decisions can be made by various entities depending on the context. In a market economy, individual consumers and businesses make decisions based on supply and demand. In a command economy, the government or central authority typically makes all economic decisions. In mixed economies, a combination of both market forces and government regulations influences economic decision-making.
Which economic system favors decisions by consumers but allows for some central planning?
Mixed Capitalism
This economic system favors decision by consumers but allows for some central planning?
mixed capitalism
The economic system favors decisions by consumers but allows for some central planning?
Mixed economies are a combination of capitalism and centrally planned economy. In such systems, consumers have purchasing power, but there is strong government involvement in the provision of public goods.
This economic system favors decisilns by consumers but allow for some central planning?
not entirely sure, but i think it's mixed capitalism
An economic system in which the central government directs all major economic decisions?
an economic system in which the central government directs all major economic decisions
Who ha pure market economy?
In a pure market economy, producers and consumers have the freedom to make their own economic decisions, without those decisions being guided or dictated by a central controlling mechanism.
Which eeconomic system is based on individual choice?
The economic system based on individual choice is known as a market economy. In this system, decisions about production, investment, and distribution are driven by the actions and preferences of individuals and businesses, rather than by central planning. Prices are determined through supply and demand, allowing consumers to influence the market by their purchasing decisions. This promotes competition and innovation, as businesses strive to meet the needs and wants of consumers.
What is an economic system in which the economic decisions are controlled from outside by a central agency?
Command
How did central planning affect consumers in the former soviet union?
Central planning enabled even the poorest peasants to have enough food, shelter, education and medical treatment.
What has the author Peter Harrold written?
Peter Harrold has written: 'China's reform experience to date' -- subject- s -: Economic policy, Central planning 'China' -- subject- s -: Economic policy, Economic conditions, Central planning
Which of these describes the extreme left of the economic spectrum?
There is total central planning.
Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?
Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?
