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What is an economy in which the government supports and regulates free enterprise three decisions that affect the marketplace?
An economy in which the government supports and regulates free enterprise is known as a mixed economy. In this system, the government intervenes to ensure fair competition, protect consumers, and address market failures through regulations and policies. Key decisions that affect the marketplace include setting minimum wage laws, imposing regulations on industries for safety and environmental protection, and implementing fiscal policies such as taxation and government spending to influence economic activity. These actions aim to balance the benefits of free enterprise with the need for social welfare and economic stability.
What else can I help you with?
A system in which the government both supports and regulates private enterprise is a?
mixed economy
Is US a command economy true or false?
False. The United States operates primarily as a mixed economy, which combines elements of both capitalism and government intervention. While the market largely drives economic decisions, the government regulates certain industries and provides public services to address market failures and promote social welfare. This distinguishes it from a command economy, where the government makes all economic decisions.
What type of economic structure is a government given the authority to regulate some of the process of free enterprise?
The economic structure where a government regulates aspects of free enterprise is known as a mixed economy. In a mixed economy, both private and public sectors coexist, allowing for free market mechanisms while also implementing government interventions to address market failures, ensure fair competition, and provide public goods. This balance aims to harness the benefits of capitalism while mitigating its downsides, such as inequality and monopolies.
What government regulates commerce within the states?
State government regulates commerce within the states (intrastate commerce), provided the goods and services are used entirely within the state.The Legislative branch (Congress) regulates commerce between the states (interstate commerce), international trade, and trade with Native American nations.
How do you define planned economy?
An economic system in which the government controls and regulates production, distribution, prices, etc.
What is a system of government that supports and regulates private enterprise?
capitalism
A system in which the government both supports and regulates private enterprise is a?
mixed economy
Who regulates free enterprise?
The 'market' regulates free enterprise, while a board of appointees regulates a college, or a group of elected officials regulates a democracy.
Which of the five purposes of government is served when government regulates a workplace sets a minimum wage intervenes in a strike or otherwise gets involved in decisions about the production?
Economic stability
Which of the five purposes of government is served when government regulates a workplace sets a minimum wage intervenes in a strike or otherwise gets involved in decisions about the production and?
Economic stability
What is a system of resource management in which the government supports and regulates enterprises through decisions that affect the marketplace?
A system of resource management in which the government supports and regulates enterprises is known as a mixed economy. In this system, the government intervenes to promote economic stability, protect consumer rights, and ensure fair competition while allowing private enterprises to operate. Regulations may involve setting standards for industries, providing subsidies, and implementing policies that shape market conditions. This approach aims to balance the benefits of free-market capitalism with the need for social welfare and economic equity.
What is one major issue that the federal government regulates?
One major issue is that the federal government regulates elections. It regulates more specially how they are done and how they are conducted. Also, it regulates the rule of law.
Which branch of the government regulates welfare?
federal government
What is one major issue that the federal government?
One major issue is that the federal government regulates elections. It regulates more specially how they are done and how they are conducted. Also, it regulates the rule of law.
Who regulates pesticides and their use?
The Australian Pesticide and Veterinary Medicines Authority (APVMA) is an Australian government statutory authority established in 1993 to centralise the registration of all agricultural and veterinary chemical products into the Australian marketplace. Previously each State and Territory government had its own system of registration.
What legal or government entity regulates auctioneers in the US?
There is nolegal or government entity that regulates auctioneers in the US, but laws and regulations formulated by states.
What government agency regulates telephone services?
The Federal Communications Commission regulates telephone services.
