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What is the level competition in a traditional economy?
In a traditional economy, people rely on barter or the exchange of one good for another good. In such an economy, the competition is any other valuable product that someone has to offer a dealer to rival what you have to offer.
Which of these is a correct description of one of the ways in which a command economy differs from a market economy?
In a command economy, individuals have less economic freedom.
What is meant by the phrase supply in global economy?
What is meant by the current description of the global economy that "time in distance have been collapsed or compressed
Which of these answers is the best description current afghan economy?
Your question is incomplete -- what answers
What is another name for a collectivist economy?
Command Economy
What is the level competition in a traditional economy?
In a traditional economy, people rely on barter or the exchange of one good for another good. In such an economy, the competition is any other valuable product that someone has to offer a dealer to rival what you have to offer.
What is a description of the term command economy?
Pussy
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.
How might a country with only one valuable resource develope its economy?
u stick it up ur a$$ :P
What is a short simple description of hydrogen economy?
It is an alkali metal
Which of these is a correct description of one of the ways in which a command economy differs from a market economy?
In a command economy, individuals have less economic freedom.
Which is the best description of the southern economy in the mid 1850s?
an agriculture economy overly dependent on cotton and slave labor.
Which is the best description of the Russian economy before 1985?
The Russian economy since the Bolshevik Revolution to the dissolution of the Soviet Union in 1991 was command market. This was done through comprehensive five-year plans and precise GOSPLANS. Another facet to the Soviet economy were their massive defense expenditures per capita.
Why does the government support entrepreneurs?
The government support entrepreneurs because they are valuable to the economy.
What colonies economy was based on farm products and valuable minerals?
Middle Colonies
What is another name for a collectivist economy?
Command Economy
What is meant by the phrase supply in global economy?
What is meant by the current description of the global economy that "time in distance have been collapsed or compressed
