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What describes the goal of economic efficiency?
achieving full employment
Which economic goal is associated with the idea of achieving maximum fulfillment of economic wants using the available productive resources?
Economic efficiency.
What is an economic system in which the economic decisions are controlled from outside by a central agency?
Command
Why can globalization lead to radically unequal economic growth?
An unequal distribution of economic power
What are the Functions of economic system?
The four functions of economic systems; Production, Allocation, Distribution and Regeneration.
How is socialism similar to compitalism?
Both socialism and capitalism involve economic systems where goods and services are produced and distributed, but they differ in terms of ownership and distribution of resources. In socialism, the means of production are owned and controlled by the state or the community, whereas in capitalism, they are owned by individuals or private companies. Additionally, both systems aim to improve the living standards of their citizens, but they have different approaches to achieving this goal.
What is the meaning of economy?
The system or range of economic activity in a country, region, or community.
How does socialism work?
Socialism is an economic theory in which he means of production, distribution, and exchange are owned by an entire community rather than an individual. This system distributes goods and money throughout the community.
What has the author Henryk Flakierski written?
Henryk Flakierski has written: 'Economic reform & income distribution' -- subject(s): Economic policy, Income distribution 'The economic system & income distribution in Yugoslavia' -- subject(s): Economic policy, Employee participation, Income distribution, Management
What was the EU called before it was called the EU?
It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.It was called the European Community and prior to that the European Economic Community.
An economic system in which the people own land factories?
Not a totally clear question. A system where the land, factories, etc belong to the whole community is Socialism.
When did European Economic Community end?
European Economic Community was created in 1958.
What describes the goal of economic efficiency?
achieving full employment
Which economic goal is associated with the idea of achieving maximum fulfillment of economic wants using the available productive resources?
Economic efficiency.
What is a collective economy?
A collective economy is an economic system where ownership of resources and the means of production is shared or collectively controlled by a group of individuals or the community as a whole. In this system, decision-making and distribution of goods and services are often based on principles of cooperation and mutual benefit rather than individual profit.
When was Eurasian Economic Community created?
Eurasian Economic Community was created on 2006-01-25.
What has the author Tsigereda Walelign written?
Tsigereda Walelign has written: 'The South Pacific and the European Community' -- subject(s): European Economic Community, European Economic Community Economic assistance, Foreign economic relations
