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What is an economic system in which business leaders use profits to expand their companies?
Wiki User
∙ 12y ago
Industrial Capitalism
Wiki User
∙ 12y ago
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An economic system in which companies compete for profits is known as what?
Capitalism
Who are people who want profits?
Generally, people who want profits are those people who have made an investment in a business, and would like to earn a return on their investment. So a small business person wants profits, people who own shares of stock in publicly held companies, etc. We can also argue that society would like to see reasonable levels of profit made by the companies that are part of the society, since it indicates general economic health.
What is economic constraints?
an economic constraint is something that will affect a business for example, customers have stopped spending their disposable income on luxuries because of a recession, so a business will lose sales and profits
How do you calculate economic profits?
Profits = revenues - expenses
What is a simple definition of economic recession?
i dont know. i think its 3 months of bad profits and sales within business
An economic system in which companies compete for profits is known as?
Capitalism :)
An economic system in which companies compete for profits is known as what?
Capitalism
What happens in a capitalists system?
Capitalism is an economic system in which private companies run their business solely without government intervention. These private companies decides own their own , what product to make, where to sell, cost of production. profits on sales etc.
What is the scope of business markets?
economic activities performed for earning profits are termed as business
Who are people who want profits?
Generally, people who want profits are those people who have made an investment in a business, and would like to earn a return on their investment. So a small business person wants profits, people who own shares of stock in publicly held companies, etc. We can also argue that society would like to see reasonable levels of profit made by the companies that are part of the society, since it indicates general economic health.
Why were business leaders such as John D. Rockerfeller called robber barons?
Business leaders such as John D. Rockefeller were called 'robber barons because he made huge profits by paying his workers low wages.
What is economic constraints?
an economic constraint is something that will affect a business for example, customers have stopped spending their disposable income on luxuries because of a recession, so a business will lose sales and profits
What were railroad rebates?
An agreement between railroad companies to divide business in a given area share the profits
How do you calculate economic profits?
Profits = revenues - expenses
What do Barclays do with their profits?
Some of the money is but back into the business for things like building more companies across the UK
What is a simple definition of economic recession?
i dont know. i think its 3 months of bad profits and sales within business
Economic profits in an industry suggest the industry?
economic profits in a industry suggest the industry
