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it is just a ecosystem
Earlene Ritchie
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All productive resources are government owned an controlled under what kind of economy?
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
The most productive economy in the world is?
Religious Regifting! ;D
What is the maximum output that the economy can sustain over a period of time called?
productive capacity
What is productive efficiency in economics?
Productive efficiency (also known as technical efficiency) occurs when the economy is utilizing all of its resources efficiently, producing most output from least input
What is allocative efficiency and productive efficiency?
Allocative and productive efficiencies are theoretical concepts in economics. Allocative efficiency is achieved in an economy when the distribution or apportionment of resources produces the greatest utility for consumers through its combination of products. For example, and for the sake of simplicity, envision an economy with two products: pizza and robots. In an allocatively-efficient economy, businesses are producing the right amount of each product to make consumers happy. Productive efficiency, on the other hand, is when an economy is using all of its resources efficiently, producing the greatest output for the smallest input. Productive efficiency, on a production possibility frontier, occurs on any points along the curve.
What is the reasons for international trade?
In order to have a high economy and productive country,we need to have a trade between the other country that had a productive economy too.
All productive resources are government owned an controlled under what kind of economy?
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
What does the economy do to people?
The economy is reflection of how productive the people are. The better the economy the more investors which in turn create job opportunity.
The most productive economy in the world is?
Religious Regifting! ;D
What has brought the greatest changes in the economy over the course of human history?
productive technology
What is the maximum output that the economy can sustain over a period of time called?
productive capacity
How is Japan's economy today?
Actually, Japan's economy is the strongest in the world with as much stuff they are selling, how can you not have a good economy?
Reasons why we should practice import oriented economy?
A high level of imports indicates robust domestic demand and a growing economy. If these imports are mainly productive assets, such as machinery and equipment, this is even more favorable for a country since productive assets will improve the economy's productivity over the long run.
A country that practices socialism has government control of?
the basic productive resources Nova net
How does supply-side ecnomists argue that cutting taxes will benefit the economy?
Cutting taxes would result in more jobs, a more productive economy
What is productive efficiency in economics?
Productive efficiency (also known as technical efficiency) occurs when the economy is utilizing all of its resources efficiently, producing most output from least input
What is allocative efficiency and productive efficiency?
Allocative and productive efficiencies are theoretical concepts in economics. Allocative efficiency is achieved in an economy when the distribution or apportionment of resources produces the greatest utility for consumers through its combination of products. For example, and for the sake of simplicity, envision an economy with two products: pizza and robots. In an allocatively-efficient economy, businesses are producing the right amount of each product to make consumers happy. Productive efficiency, on the other hand, is when an economy is using all of its resources efficiently, producing the greatest output for the smallest input. Productive efficiency, on a production possibility frontier, occurs on any points along the curve.
