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Disadvantage of market economy?
One of the key disadvantages of a market economy is that it is unpredictable. Many events can cause shocks in a market economy. For instance, a natural disaster or war can cause volatility in the market. A lack of stability is the key feature of the market economy.
What is a key principle of a market economy?
Make as much money as possible.
What is the key principle of a market economy?
businesses are owned by the people collectively
Which two key groups make up a free market economy?
household and firms
What is a key part pf laissez-faire economic policy?
free market economy
Disadvantage of market economy?
One of the key disadvantages of a market economy is that it is unpredictable. Many events can cause shocks in a market economy. For instance, a natural disaster or war can cause volatility in the market. A lack of stability is the key feature of the market economy.
What is a key principle of a market economy?
Make as much money as possible.
What is the key principle of a market economy?
businesses are owned by the people collectively
Which two key groups make up a free market economy?
household and firms
What is a key part pf laissez-faire economic policy?
free market economy
What factor is key in differentiating subsistence economies from market and planned economies?
The amount of government involvement in the economy.
What is the key component of evolution?
The key component of evolution is reproduction of the species.
How to improve your buseniss?
To improve your business advertise and market you company. Driving in new customers through marketing is a key component in improving business.
What was a key element in developing a market economy in nineteenth century America?
developing a merchant marine to promote water transport
What is the key component of the energy molecule ATP?
The key component of the energy molecule, ATP is the ribose.
Why macroeconomists focus on just a few key statistics trying to understand the health of an economy?
it is too difficult to process all of the information in each market or for every good or service in the economy.
What were two key differences between the north's economy and the south's economy?
what were two key differences between the north's economy and the south's economy?
