answersLogoWhite

0


Best Answer

Perfect competition.

(Many small firms that produce similar products; buyers and sellers have good knowledge of the businesses)

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Which economic systems has the greatest degree of competition?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

Which of the following systems has the greatest degree of competition?

communism


What is The greatest degree of confidence in an economic generalization?

A principle. The least, a hypothesis.


What are the differences and similarities between the economic systems in Israel Saudi Arabia and Turkey?

Israel and Turkey have capitalist economic systems with a moderate degree of state investment. Saudi Arabia is petro-state.


Is there competition between the producers in Canada?

Yes, Canada is a mixed economy. Thus there is going to be some degree of competition among "producers."


What is the law of economic utility reaction?

Economic utility reaction; this is the degree of economic responsiveness resulting from exploiting a given quantity and quality of production and consumption of a given society for its economic end at a given period of time.The law of economic utility reaction,according to sserubogo;it states that,the degree of economic responsiveness that result from exploiting a given level of national production and consumption towards a given economic end is directly proportional to the level of economic structural adjustment force produced by a given quality and quantity of economic ignition,economic coordination and economic regulation towards that end.Such that, any percentage change in the level of economic ignition, coordination and regulation towards a given economic end, results into a corresponding percentage change in the level of economic structural adjustment force towards that economic end upon which the degree of economic responsiveness towards that economic end depends.

Related questions

Which of the following systems has the greatest degree of competition?

communism


What is The greatest degree of confidence in an economic generalization?

A principle. The least, a hypothesis.


Which nation provided the greatest degree of economic security for its citizens by the year 1900?

Not nation 3


What are the differences and similarities between the economic systems in Israel Saudi Arabia and Turkey?

Israel and Turkey have capitalist economic systems with a moderate degree of state investment. Saudi Arabia is petro-state.


With a bachelor's degree in Information Systems and interested in accounting should consider second bachelor's degree or a master's degree?

If you are really interested, can afford it and also think that the job you will have has a lot of competition, then go for it.


Which nations provided the greatest degree of economic security for its citizens by the year 1900?

Nation 5 (Bismarck)


What is the greatest degree of certainty?

The greatest degree of certainty is Fact


Do bees tessellation systems enhance a natural systems effectiveness in competition and survival?

Not to a significant degree. The hexagonal cells of a honeycomb makes efficient use of space and so less wax is required for the matrix. Other than that there is little that enhances natural systems effectiveness in competition and survival. In fact there are some species which do not use hexagonal cells.Incidentally, I learned about bees from my father-in-law who kept bees for over 60 years.


What is a first degree in law?

A first degree in law typically refers to an undergraduate degree in law, such as a Bachelor of Laws (LLB) or a Juris Doctor (JD). It is the foundational qualification for individuals pursuing a career in law and provides them with a comprehensive understanding of legal principles and systems.


Is the degree of a polynomial the greatest or least value of the variable's exponent?

The greatest.


What is a term for in the greatest degree?

ukinam


What is the definition of most?

Consisting of the greatest number or quantity; greater in number or quantity than all the rest; nearly all., Greatest in degree; as, he has the most need of it., Highest in rank; greatest., In the greatest or highest degree.