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Households play the largest role as economic decision makers.

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Who makes the decision how goods and services will be made in this econommy?

Mostly the American consumer. The US government also plays a large role in the nation's economy, constituting roughly 36% of GDP - making it the largest and thus most influencial economic institution and consumer. Manufacturers or those controlling supply may also manipulate demand through advertising and popular media.


What type of financial institution plays the largest role in the economy?

Commercial banks play the largest role in the economy as they provide essential services such as accepting deposits, offering loans, and facilitating payments. They support consumer spending and business investment, thereby driving economic growth. Additionally, commercial banks help in the allocation of capital, manage risks, and contribute to monetary policy implementation, making them a cornerstone of the financial system.


Who is the father of the mixed economy?

John Maynard Keynes was the father of a "mixed economy" in which the government plays a crucial role.


Why marketing plays an important role in Indian economy?

because it is paduri.


What is the use of micro economics in decision making?

Microeconomics plays a crucial role in decision-making by helping individuals and businesses understand how to allocate scarce resources effectively. It analyzes factors such as supply and demand, pricing, and consumer behavior, which inform choices about production, investment, and consumption. By applying microeconomic principles, decision-makers can optimize their strategies to maximize utility or profit while minimizing costs. Ultimately, this knowledge aids in making informed choices that align with market conditions and personal or organizational goals.

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What are the industries of the galapagos archipelago?

Tourism is the largest industry in the Galapagos islands. Fishing also plays a large part in the local economy and sustainability.


Who are the decision makers in walmart?

The decision-makers at Walmart include the CEO, currently Doug McMillon, along with the executive leadership team, which comprises various senior vice presidents and department heads overseeing different aspects of the business. The board of directors also plays a crucial role in strategic decisions and governance. Additionally, regional managers and store managers contribute to operational decisions at local levels, ensuring alignment with corporate strategies.


What is Greece's largest industry?

The largest industry in Greece is tourism, which plays a significant role in the country's economy. Greece is known for its historical sites, beautiful beaches, and scenic landscapes, attracting millions of visitors from around the world each year.


Who makes the decision how goods and services will be made in this econommy?

Mostly the American consumer. The US government also plays a large role in the nation's economy, constituting roughly 36% of GDP - making it the largest and thus most influencial economic institution and consumer. Manufacturers or those controlling supply may also manipulate demand through advertising and popular media.


What is the fourth largest city in Iraq?

Basra is the fourth largest city in Iraq, located in the southern part of the country. It is a major port city and plays a significant role in Iraq's economy due to its oil industry and strategic location near the Persian Gulf.


What plays a growing role in Mexico's economy?

The government.


Communication process in promotion decision?

well communication process plays a vital role in promotion decision


What type of financial institution plays the largest role in the economy?

Commercial banks play the largest role in the economy as they provide essential services such as accepting deposits, offering loans, and facilitating payments. They support consumer spending and business investment, thereby driving economic growth. Additionally, commercial banks help in the allocation of capital, manage risks, and contribute to monetary policy implementation, making them a cornerstone of the financial system.


Who is the father of the mixed economy?

John Maynard Keynes was the father of a "mixed economy" in which the government plays a crucial role.


Where does the blood from slaughtered cows go to?

Cows' blood is good for visual effects for movie makers or theatrical plays.


What is the largest Indian in Arizona?

The largest Indian tribe in Arizona is the Navajo Nation, which spans parts of Arizona, New Mexico, and Utah. The Navajo Nation is the largest Native American reservation in the United States, covering over 27,000 square miles and home to a significant population of Navajo people. The tribe has a rich cultural heritage and plays a vital role in the state's identity and economy.


Was worcester ever the capital of Massachusetts?

No, Worcester has never been the capital of Massachusetts. The capital of Massachusetts has been Boston since the state was established. Worcester is, however, the second-largest city in the state and plays a significant role in its history and economy.