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What is The opposite of a subsistence economy?
market economy
What is the difference between market economy and mixed economy?
The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy
What are four different types of economic systems?
Market Economy, Peasant/Command Economy, Subsistence Economy, and Traditional Economy.
“ What is the difference between a pure market economy and a mixed-market economy “?
In a mixed-market econom, the government imposes regulations on the production of goods and services.
What is the difference between a mixed economy and a market economy?
A mixed economy is a combination of communist, market and traditional economies. A market economy basically has free reign over the production and distribution of goods and services.
What is the difference between a commercial and subsistence economy?
Market economy exists near urban areas of population whereas subsistence economy is an economy where rural areas are hub of economic activities
What is The opposite of a subsistence economy?
market economy
What is the difference between market economy and mixed economy?
The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy
What is the difference between a market economy and a mixed economy?
In a mixed economy, there are more government regulations.
What are four different types of economic systems?
Market Economy, Peasant/Command Economy, Subsistence Economy, and Traditional Economy.
What is the difference between the mixed market economy and the pure market economy?
In a mixed-market econom, the government imposes regulations on the production of goods and services.
“ What is the difference between a pure market economy and a mixed-market economy “?
In a mixed-market econom, the government imposes regulations on the production of goods and services.
What is the difference between a mixed economy and a market economy?
A mixed economy is a combination of communist, market and traditional economies. A market economy basically has free reign over the production and distribution of goods and services.
What factor is key in differentiating subsistence economies from market and planned economies?
The amount of government involvement in the economy.
Can you explain the difference between a bull and bear market?
A bull market is when stock prices are rising, and investors are optimistic about the economy. A bear market is when stock prices are falling, and investors are pessimistic about the economy.
Are we a subsistence culture?
No, we are not a subsistence culture. Subsistence cultures rely on hunting, gathering, and agriculture for their basic needs while our society is based on a market economy where goods and services are exchanged for currency.
What is the difference between traditional economy and market economy?
In a {Traditional Economy}, economic decisions are based on customs handed down from generation to generation. In a {Market Economy} individuals make their own decisions about what to produce how to produce it & for whom to produce it.
