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The economic policy of giving business total control of its development is called?

The economic policy of giving business total control of its development is called laissez-faire.


What does a business have if they have complete control of the supply of a product?

A business that you have described here could be called a monopoly.


What is the official measure of economic growth called?

The official measure of economic growth is called Gross domestic product ( gdp) . I remember learning it in business


The economic policy of giving a business total control of its development is called?

A.laissez-faire


What is it called when a business is in compete control over the supply of a product?

That's called a 'monopoly' - Since they are the only supplier of the product - they can fix the price.


What is the exclusive control of a product by a business called?

monopoly is a really fun game, lmfaoroflzlolteeheeahahahah.


What is a single business called if it has achieved exclusive control over a product or service?

Monopoly


The economic policy of giving a business total control of its development is called a laissez-faire b socialism c mercantilism d free trade?

The economic policy of giving business total control of its development is called laissez-faire. It's French for "Let it alone"...let businesses do what they want to do without government interference


What type of business produces a tangible product?

A business that produces a tangible product is called a manufacturing business.


A business that purchases a product from another business to sell to customers is called a?

manufacturing business


When a control is required to control space or product temperature is called a what?

thermostat


What is the economic measurement that helps to define when business cycles begin and end?

The economic measurement that helps to define when business cycles begin and end is called Gross Domestic Product (GDP). It measures the total value of goods and services produced within a country's borders and is used to track the fluctuations in economic activity over time.