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The mechanism through which resources are organized to satisfy the desires of society is known as?
The mechanism in which through which resources are organized is no other than. The economy. wherefore it includes labor,you could land sis, and government cost so much more.
How the social market economy may be used to solve the economic problems?
through provision of resources that are scares, to satisfy the needs and wants.
What do most economists believe is the most efficient way to allocate resources in an economy?
Most economists believe that the most efficient way to allocate resources in an economy is through a market-based system, where prices are determined by supply and demand forces. This allows resources to flow to where they are most valued and needed, leading to optimal allocation and efficiency.
What is market economy?
System in which individuals own the factors of production and make economic decisions through free interaction. OR an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
What market economy?
System in which individuals own the factors of production and make economic decisions through free interaction. OR an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
How are good and resources distributed in a free market economy?
Through prices
Why does the US have such a powerful economy?
Because we developed the economy originally with the most power and strongest military. Then we accrued the most money and thus all the resources that go through our relatively unregulated economy is also a freedom advantage.
What type of investment income occurs when a company distributes its profits to investors through dividends?
The type of investment income that occurs when a company distributes its profits to investors through dividends is called dividend income.
The mechanism through which resources are organized to satisfy the desires of society is known as?
The mechanism in which through which resources are organized is no other than. The economy. wherefore it includes labor,you could land sis, and government cost so much more.
How the social market economy may be used to solve the economic problems?
through provision of resources that are scares, to satisfy the needs and wants.
What type of economy do Israel Saudi Arabia turkey and Iran have?
Saudi Arabia: Command Economy which is powered through oil. Israel: Advanced Market Economy which is supported by it's people, not oil or other resources. Turkey: Advanced Market Economy which is supported by it's people, not oil or other resources. Iran: Hybrid Command-Market Economy supported by oil and industry, but currently floundering under international sanctions.
What do most economists believe is the most efficient way to allocate resources in an economy?
Most economists believe that the most efficient way to allocate resources in an economy is through a market-based system, where prices are determined by supply and demand forces. This allows resources to flow to where they are most valued and needed, leading to optimal allocation and efficiency.
What is market economy?
System in which individuals own the factors of production and make economic decisions through free interaction. OR an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
What market economy?
System in which individuals own the factors of production and make economic decisions through free interaction. OR an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
What distributes blood to body parts?
The heart pumps blood through arteries and veins.
Is a wireless transmission medium that distributes radio signals through the air over long distances?
broadcast
How does airline pilots contribute to the society?
Pilots contribute to the society by helping to build the economy through the movement of resources from one country to another and bring about global integration.
