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Which of the following is the primary incentive in a free-enterprise system?
Wiki User
∙ 6y ago
innovation
Wiki User
∙ 6y ago
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What is Incentive system?
a system of measures that uses material means to motivate participants in production to work for the creation of the social product. The nature, form, and methods of economic incentive depend on the dominant production relations of a society.
Which is the primary focus of study in macroeconomics?
the economic system as a whole
Why do workers in a command economy have less incentive to be productive than wokers in a free enterprise system?
it means you should not pay people to work for you so you let them work for free
What is the primary goal of an economic system?
It depends on the system,. Under capitalism the main goal is the making of profit. In Socialism the main goal is the meeting of people’s needs.
Which of the following is part of the basis of a capitalist economic system?
a. competition
In a system of free enterprise is incentive a vital force?
yes
Why is motive considered an incentive in a market system?
Minimize costs and maximize revenues.
Does Arkansas have a primary or caucus system?
Arkansas has an Open primary system.
Which of the following is NOT one of the primary concerns for Congress regarding information system security?
Reduce lost work time due to security violations
Why is profit motive considered an incentive in a market system?
Minimize costs and maximize revenues.
Why is the profit motive is considered an incentive in a market system?
Minimize costs and maximize revenues.
What are differences between primary and secondary storage devices?
Primary storage is usually the drive where the operating system is and the secondary storage is a additional drive for space. Usually, Windows names it's primary drive as C:\ and all it's following as other letters.
Which is a better system the primary or closed primary?
open primary is a better system as this type of system does not require voters to be affiliated with any particular party . There is more freedom to vote in this kind of system.
What is the economic system providing free choice and individual incentive for workers inverstors and consumers?
capitalism
What system is there very little incentive to work hard or to produce quality goods or services?
is the answer communist
What are the primary duties of a remote database administrator?
A database administrator's responsibilities can include the following tasks: future storage requirements for the database system. Creating primary database and the database tools and applications are executed on remote computers.
What is the primary function of the primary system?
The primary function of the reproductive system is to generate new species. This function is commonly referred to as procreation.
