0
a consumerism play very important role in our economy. he create a demand for consumer good , and if he demand then only the goods will produced by producer or business man ,and we know very well that aggregate demand and supply is one of the important part of our economy ,so consumerism play very important role in economy.
What else can I help you with?
What role does the government play in a free enterprise economy?
protects the peoples rights and brings upon rules of society
Catalyst do in a free enterprise system?
In a free enterprise system, catalysts play a crucial role by driving innovation, competition, and efficiency. They can be individuals, organizations, or technologies that stimulate economic growth by introducing new ideas, products, or processes. By fostering an environment where entrepreneurship thrives, catalysts help to create jobs and enhance consumer choice. Ultimately, they contribute to the dynamic nature of the economy, encouraging continual improvement and adaptation.
What role does competition play in the free enterprise system?
To gain profits
What role does needs and wants play in the free enterprise?
supply and demand
Which role does a government play in a free enterprise system?
it passes economic laws and regulations
What role companies play in free enterprice system?
Companies create employment and compete to efficiently satisfy consumer demands in the free enterprise system.
What role does the government play in a free enterprise economy?
protects the peoples rights and brings upon rules of society
Catalyst do in a free enterprise system?
In a free enterprise system, catalysts play a crucial role by driving innovation, competition, and efficiency. They can be individuals, organizations, or technologies that stimulate economic growth by introducing new ideas, products, or processes. By fostering an environment where entrepreneurship thrives, catalysts help to create jobs and enhance consumer choice. Ultimately, they contribute to the dynamic nature of the economy, encouraging continual improvement and adaptation.
What role does needs and wants play in the free enterprise?
supply and demand
What role does competition play in the free enterprise system?
To gain profits
What role does the government play in a free enterprise?
It passes economic laws and regulations
What role does the government play in free enterprise?
It passes economic laws and regulations
Which role does the government play in free enterprise system?
it passes economic laws and regulations
Which roles does the government play in a free enterprise system?
it passes economic laws and regulations
Which role does a government play in a free enterprise system?
it passes economic laws and regulations
What role does the government play in a free enterprise system?
It passes economic laws and regulations
Does the American Free Enterprise System does not allow the government to protect consumers?
The American Free Enterprise System does allow for government intervention to protect consumers, despite its emphasis on free markets. Regulations are put in place to ensure product safety, fair trade practices, and to prevent deceptive advertising. Agencies like the Federal Trade Commission (FTC) and the Food and Drug Administration (FDA) play crucial roles in safeguarding consumer interests while maintaining market competition. Thus, the system balances free enterprise with necessary protections for consumers.
