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how old are you, 4! you can answer it!
uh. no. that's not the answer.
its benefit maximazation.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agobenefit maximazation
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What determines the kind of economy a nation has?
A nation choses its economy based on its economic goals. Economic growth is often any nation's goals. With that in mind a free market economy will help achieve that goal.
What is the goal of all economic decisions in a market economy?
benifit maximazation
What is a transition economy?
A transition economy or transitional economy is an economy which is undergoing structural changes, changing from one type of economic system to another type.Transition economies usually refer to economies undergoing a transition from a centrally planned economy to a market economy. These type of economies undergo economic liberalization (introducing market forces for prices), economic restructuring, privatization of state enterprises, and the creation of a financial sector (which takes the role of the dismantled planning system).A transition economy may also refer to a long term process of building socialism, in which a capitalist economy undergoes rapid development with the eventual goal of establishing a socialist economic system. Today countries such as Cuba and Vietnam are still officially undergoing transition from rural economies or mixed economies to socialism (in Vietnam the system is officially called "socialist-oriented market economy").
Which goal of the US economy is concerned with questions of fairness and right and wrong?
Economic Equity
The goal of the consumer in a market economy is?
To maximize happiness subject to the constraint of limited income.
What is the goal of all economic decisions in the market economy?
utility maximization
What determines the kind of economy a nation has?
A nation choses its economy based on its economic goals. Economic growth is often any nation's goals. With that in mind a free market economy will help achieve that goal.
What is the goal of all economic decisions in a market economy?
benifit maximazation
What is a transition economy?
A transition economy or transitional economy is an economy which is undergoing structural changes, changing from one type of economic system to another type.Transition economies usually refer to economies undergoing a transition from a centrally planned economy to a market economy. These type of economies undergo economic liberalization (introducing market forces for prices), economic restructuring, privatization of state enterprises, and the creation of a financial sector (which takes the role of the dismantled planning system).A transition economy may also refer to a long term process of building socialism, in which a capitalist economy undergoes rapid development with the eventual goal of establishing a socialist economic system. Today countries such as Cuba and Vietnam are still officially undergoing transition from rural economies or mixed economies to socialism (in Vietnam the system is officially called "socialist-oriented market economy").
Which goal of the US economy is concerned with questions of fairness and right and wrong?
Economic Equity
What goal is difficult to achieve in a pure free market system?
economic equity
The goal of the consumer in a market economy is?
To maximize happiness subject to the constraint of limited income.
Which of the following is a goal of the leaders of most economic systems?
The most basic economic institution in market economies is the system of markets.
Concern about the general level of prices in an economy is primarily a concern about the economic goal of?
Price level stability.
What was a goal of Henry Cabot Lodge's work as head of the U.S. Foreign Affairs Committee?
American products in foreign markets
What is a goal of federal economic policy?
The goal of a federal economic policy is to create a healthy economy in the country that benefits every citizen. The goals of federal economic policy include: maintain stable prices, full employment, economic growth.
What was the ultimate goal of perestroika?
To move the USSR toward a market economy To move control of business away from the central government.
