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What must occur before the economy can reach a point outside the production possibilities curve?
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What was China's Economy before it was a market economy?
social economy
Shifting of ppc?
The biggest reasons for a shift in the Production Possibilities Curve is new technology. Basically, if things can be done more efficiently (that is, with less resources than before), the curve shifts outward. Another way is by finding more of the resources used in the curve.
Can we stop the bad economy quickly?
I don't think so. I think the economy will get worse before it gets better.
What describes saint domingues economy before the Haitian revolution?
An agricultural economy that relied mostly of slave labor
What best describes saint-domingues economy before the Haitian revolution?
An agricultural economy that relied mostly of slave labor
What is the best description of the Russian economy before 1985?
The best description of the Russian economy before 1985 was a socialist economy. The socialist economy focused on the production of goods for the use of the country and humans needs and not for the accumulation of capital wealth.
Is Poland an communist economy?
Communism means a classless stateless society based on production for use. No prices, no wages, no money, hence no economy.
What was China's Economy before it was a market economy?
social economy
What was the Production Budget for Before Midnight?
The Production Budget for Before Midnight was $3,000,000.
What was the Production Budget for Before Sunrise?
The Production Budget for Before Sunrise was $2,500,000.
What is the Philippines' economy before the conquest?
probably one of the best economy in the world. philippines economy before is top 2 in asia.
What was the Production Budget for The Land Before Time?
The Production Budget for The Land Before Time was $12,300,000.
What was the Production Budget for Life Before Her Eyes?
The Production Budget for Life Before Her Eyes was $12,000,000.
What type of economy was Romania?
Before 1989 Romania has a socialist, planned economy, state economy.
How do you watch skateboarding that was on the night before?
Possibilities they have it up on the Internet already.
Why did the phrase cotton is king mean?
The phrase "cotton is king" refers to the significance of cotton production in the economy of the southern United States before the Civil War. Cotton was a major cash crop that drove the region's economy and played a central role in shaping Southern society and politics. The phrase emphasized the economic and social power that cotton production held in the antebellum South.
What social group dominated the south's economy and political system?
White landowning planters dominated the South's economy and political system before the Civil War. They controlled the majority of the region's agricultural production and held political power through their influence in state legislatures and Congress.
