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What is an exception to the general idea that markets lead to an efficient allocatoin of resources?
imperfect competition - novanet
What are the economic and economic factors affecting industrialization?
Economic factors affect industrialization as production input resources of capital,labour,interprise and land,however non economic factors of social and political intervention to direct the choices of consumption in production of goods and services,allocation of resources as a tool of capitalist hegemony in the doctrine of general equilibrium. It assumes that the normal condition of society is for the state to play as little a role in economic life as possible, because the market is part of human nature and the most efficient form of economic organization. The theory, therefore, has a role in legitimizing capitalist hegemony. The socialist economy in industrialization stresses on planning in allocation of resources for production of goods & services for the welfare & well being of the people.
What do firms depend on to supply capital labor customers new technology services and products stable markets and legal systems and general educational resources?
environments
Why is what to produce a problem in every economy?
What to produce?There are two aspects of this problem--- firstly, which goods should be produced, and secondly, what should be the quantities of the goods that are to be produced. The first problem relates to the goods which are to be produced. In other words, what goods should be produced? An economy wants many things but all these cannot be produced with the available resources.Therefore, an economy has to choose what goods should be produced and what goods should not be. In other words, whether consumer goods should be produced or producer goods or whether general goods should be produced or capital goods or whether civil goods should be produced or defense goods. The second problem is what should be the quantities of the goods that are to be produced.Production of goods depends upon the use of resources. Hence, this problem is the problem of allocation of resources. If we allocate more resources for the production of one commodity, the re­sources for the production of other commodities would be less.
Why is to produce a problem in every economy?
What to produce?There are two aspects of this problem--- firstly, which goods should be produced, and secondly, what should be the quantities of the goods that are to be produced. The first problem relates to the goods which are to be produced. In other words, what goods should be produced? An economy wants many things but all these cannot be produced with the available resources.Therefore, an economy has to choose what goods should be produced and what goods should not be. In other words, whether consumer goods should be produced or producer goods or whether general goods should be produced or capital goods or whether civil goods should be produced or defense goods. The second problem is what should be the quantities of the goods that are to be produced.Production of goods depends upon the use of resources. Hence, this problem is the problem of allocation of resources. If we allocate more resources for the production of one commodity, the re­sources for the production of other commodities would be less.
What is an exception to the general idea that markets lead to an efficient allocatoin of resources?
imperfect competition - novanet
What Difference between exception and assertion?
Exception means not included in general sense. Any subject an ve connotaion in general with few exeption. Assertion means asserting one's authority
What are 4 similarities between South America and Mexico?
Language (with the exception of Brazil), religion (mostly catholic), family-oriented values in general, most resources being exploited by non Latin American companies.
Which green models are more energy efficient Maytag or General Electric?
General Electric has many models that are more energy efficient than Maytag.
What is earths exception to the general pattern of the solar system?
rings of saturn
How does the exception not prove the rule?
The exception does not prove the rule because it contradicts the general principle or pattern that the rule represents. Instead of confirming the rule, the exception challenges its validity by showing that there are cases where the rule does not apply.
What does the General Fund Enterprise Business System provide the army with?
Modernization of the Army's financial and accounting processes Sharing of financial data across the Service More efficient use of Army resources All of the above
What does the general fund enterprise business system provide with the army?
Modernization of the Army's financial and accounting processes Sharing of financial data across the Service More efficient use of Army resources All of the above
What is an exception?
The noun exception is a singular, common, abstract noun; a word for a person or thing that is excluded from a general statement or does not follow a rule, something that cannot be included in a general statement. In computer programming, the term exception is shorthand for the phrase "exceptional event", which occurs during the execution of a program, that disrupts the normal flow of the program's instructions.
What is the general affect of technology in the world?
the general effect is commonly that people begin to become more demanding. as things get better and more efficient, people want things even better and more efficient.
How does the temperature of the planet vary with the disthance from the sun?
In general, the farther out the planet the colder it is. (Venus is an exception.)
How do you spell apart as in apart from that ....?
'Apart from that' is spelt correctly, and is used when making an exception to a general statement.
