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What else can I help you with?
What is the Role of the households in the economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
What role does self-interest playin a free market economy?
It is the motivating force in the free market
What is a mixed-market economy?
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
Role of profit in a free market economy?
the role is...ehhh i dont know. sorry :(
What is the role of competition in a free market economy?
To change the supply and demand
What is the Role of the households in the economy?
households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..
What role does self-interest playin a free market economy?
It is the motivating force in the free market
Role of profit in a free market economy?
the role is...ehhh i dont know. sorry :(
What is a mixed-market economy?
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
What mixed market economy?
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
What is the role of competition in a free market economy?
To change the supply and demand
What is a Mixed-market?
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
What Mixed economy?
A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.
What type of economy is the American economy?
Mixed Economy which means free market system but government still has limited role
What extent should government intervene in free trade?
In a free enterprise (market) economy, the expected role of the government is to allow free operation of the market unless market failure occurs at which point it intervenes to prevent welfare losses.
How are free market circular flow models different from mixed economy circular flow models?
Free market circular flow models emphasize minimal government intervention, where households and firms interact freely in the marketplace, determining prices and resource allocation solely through supply and demand. In contrast, mixed economy circular flow models incorporate government involvement, illustrating how policy decisions can influence economic activities, redistribute income, and provide public goods. This government role can stabilize the economy, correct market failures, and address social equity concerns, distinguishing it from the purely market-driven approach of free market models.
Which of the four types of decision makers in the US economy plays the largest role?
Households play the largest role as economic decision makers.
