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Which of the following is an example of how the government regulates business in the mixed economy of the US?
Wiki User
∙ 14y ago
The Food and Drug Administration must approve a new drug before it can be sold to the public.
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∙ 14y ago
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A system in which the government both supports and regulates private enterprise is a?
mixed economy
What is the name of the economic system where the government or another central administration regulates supply and prices?
command economy
How do you define planned economy?
An economic system in which the government controls and regulates production, distribution, prices, etc.
The difference between a command economy and a demand economy?
A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.
A country has a command economy. Which of the following statements applies to it?
The government owns and controls all major industries-apex
Government regulates and promotes businesses in a what?
Executive branch
A system in which the government both supports and regulates private enterprise is a?
mixed economy
Government that regulates and promotes businesses in a?
This situation is described as having a mixed economy. The government is neither in complete control nor completely hands-off.
What is the name of the economic system where the government or another central administration regulates supply and prices?
command economy
How do you define planned economy?
An economic system in which the government controls and regulates production, distribution, prices, etc.
China-Was government involved in their production in anyway?
Of course not. I’m a Chinese.even if China is a republic but we have two kinds of economic systems.the first one is that “ Market-regulated economy”and the another one is “ The government regulates the economy”.....
The difference between a command economy and a demand economy?
A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.
A country has a command economy. Which of the following statements applies to it?
The government owns and controls all major industries-apex
A country in which some business are owned by individuals and other business are owned by the government has a?
(For Apex Learning) Mixed economy.
Which of the following is not used by government to control the economy?
Raising an army
The government does which of the following in a planned economy?
Runs the economic system
Is an example of how the government regulates business in the mixed economy of the US?
"Public" utility companies. For instance, the electric company in most areas is actually a private business, but, since it makes economic sense to have only a single set of electrical wires (a "natural" monopoly), the government regulates many aspects of that company's business - from the rates it charges, to the areas it can (or must) provide service to, to the level of service it must provide. Another great example, which applies across the entire economy, is anti-pollution controls - companies must follow government rules on the disposal and use of many substances, with the idea that the environment itself is a public trust (i.e. something that the government protects in the best interests of everyone). In a similar vein, labor laws (minimum wage, working hour restrictions and requirements, workplace safety, etc.) are another example of government regulation of business.
