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Injector factors, such as investment, government spending, and exports, contribute to an economic system by increasing overall demand and stimulating economic activity. They introduce additional resources and capital into the economy, leading to higher production levels, job creation, and income generation. This influx can enhance consumer confidence and spending, ultimately driving growth and development within the economy.
What else can I help you with?
What are the factors of production in an economic system?
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
Which of these describes a market economic system?
Economic decisions are based on supply and demand. A+
What describes the american economic system?
Mixed-market. A+
Which of these describes a traditional economic system?
Agriculture drives the economy
Which of these describes the economic theory of laissez-faire?
An economic system should be driven by free market forces, not government intervention. A+
What are the factors of production in an economic system?
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
Which of these describes a market economic system?
Economic decisions are based on supply and demand. A+
What describes China's economic system?
mixed/command
What BEST describes china's economic system?
mixed/command
What best describes japan's economic system?
Mixed/Market
What describes the american economic system?
Mixed-market. A+
Which of these describes a traditional economic system?
Agriculture drives the economy
Which of these describes the economic theory of laissez-faire?
An economic system should be driven by free market forces, not government intervention. A+
What word describes the economic system of European countries during the colonial era?
Mercantilism
What best describes cuba's economic system under Fidel Castro?
It has been a big failure.
What does market economic system mean?
a system indivivisuals own the factors of production and decide how to use them.
Economics can best describe as the study of?
Economic efficiency describes how well a system generates desired output.
