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land labor capital

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Q: What economists call the essential elements that a nation needs to achieve economic success?
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After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?

wait for the economy to achieve equilibrium


Why do economists use perfect competition if it is really too theoretical a model?

The economists still use perfect competition as a credible theory because it is what the market strives to achieve. Markets strive to let buyers and sellers trade without unfairly giving the advantage to one party.


What is an economic emigrant?

Someone who leaves a country to live elsewhere in order to achieve their economic desires (as opposed to for non-economic reasons, such as political persecution).


Which of these is a macroeconomic goal that economic systems try to achieve?

low unemployment


How did the Asian tigers achieve high economic growth?

Through discipline.

Related questions

After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?

wait for the economy to achieve equilibrium


What do elements on the periodic table do to achieve a full valence shell?

The elements either gain or lose electron.Few elements share electrons to achieve stability.


The group of three economists appointed by the President to provide fiscal policy recommendations is the?

Fiscal policy consists of deliberate changes in government spending and tax collections designed to achieve full employment, control inflation, and encourage economic growth. Discretionary ("active") changes in government spending and taxes are at the option of the Federal government while non-discretionary ("automatic") changes occur without congressional action. Discretionary fiscal policy is often initiated on the advice of the President's Council of Economic Advisers (CEA), a group of three economists appointed by the President to provide expertise and assistance on economic matters.


Which was true of Booker T. Washington?

He urged blacks to achieve economic success. (apex)


What Booker T Washington urged African Americans to?

Work hard and achieve economic success.


The elements of a media text are the used by the producers to achieve their goals?

The elements of a media text are the used by the producers to achieve their goals. answer - tools


How did Booker T. Washington believes blacks should overcome racism?

Achieve economic success ad cooperate with whites.


What is essential in ensuring Soldiers know what is expected of them and how to achieve success?

standards


What took Mussolini to achieve economic or social goals?

he was a dictator


Why do economists use perfect competition if it is really too theoretical a model?

The economists still use perfect competition as a credible theory because it is what the market strives to achieve. Markets strive to let buyers and sellers trade without unfairly giving the advantage to one party.


What is an economic emigrant?

Someone who leaves a country to live elsewhere in order to achieve their economic desires (as opposed to for non-economic reasons, such as political persecution).


Producers achieve their goals through the use of?

media elements