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regulation, manufacturing, and distribution of goods
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What economic system does Libya use?
Libya has a command economy. Also known as controlled or planned economy. This is where a government retains the power to decide how the nations economic resources should be allocated. It has complete control over how theses resources are used.
How can the economic development of a country help to improve its social development?
For a country to be economically developed, it is important for the government to provide a lot of necessaties to the residents especially education and the others include water and sanitation, health facilities, etc. If the government is stabalized and everything is under control, then only the residents would be satisfied and start working and taking interest in occupations like farming, fishing, etc. Other than theses occupations workers with more specialized education, will prefer for handling a business or doing jobs or manufacturing industries. If the workers will be trained and will be professionals than there would be a better work force which will also attract foreign investment in our country. This is how the country will be perfectly, socially developed by the help of the perfection in economic developement.
Which of theses activitives is most essential to the game of economics?
The most essential activity in the game of economics is the allocation of resources. This involves making decisions about how to distribute limited resources among competing uses to maximize utility and efficiency. Understanding supply and demand, as well as individual and collective choices, plays a crucial role in determining prices and shaping economic outcomes. Ultimately, effective resource allocation drives production, consumption, and overall economic growth.
How can the social development of a country help to improve its economic development?
For a country to be economically developed, it is important for the government to provide a lot of necessaties to the residents especially education and the others include water and sanitation, health facilities, etc. If the government is stabalized and everything is under control, then only the residents would be satisfied and start working and taking interest in occupations like farming, fishing, etc. Other than theses occupations workers with more specialized education, will prefer for handling a business or doing jobs or manufacturing industries. If the workers will be trained and will be professionals than there would be a better work force which will also attract foreign investment in our country. This is how the country will be perfectly, economically developed by the help of the perfection social developement.
What is the definition of macroeconomics?
Definitions of Macroeconomics"Macroeconomics is that part of economics which studies the overall averages and aggregates of the system." (Kenneth Boulding)"Macroeconomics deals with the functioning of the economy as a whole." (Carl Shapiro)The Scope of MacroeconomicsThis includes the use of economic resources at the national level. Theses resources have their effect on the national income, employment, effective demand, aggregate saving, aggregate investment, price level, economic development etc. of the country. Its scope can be divided into following parts:1. Theory of National income: Macroeconomics studies the concept of naational income , its diffferent elements, methods of measurement and social accounting.2. Theory of Employment: Macroeconomics also studies problems relating to employment and unemployment. It studies different factors determining the level of employment, viz, effective ddemand, aggreagte supply, aggregate consumption, aggregate investment, aggregate saving, multiplier, etc.3. Theory of money: Changes in demand for, and supply of money have considerable effect on the level of employment. Macroeconomics therefore, studies functions of money and theries relating to it. Banks and financial institutions are also studied under macroeconomics.4. Theroy of general price level: Determination of and changes in general price level are also studied under macroeconomics. Problems concerning inflation or general rise in prices and deflation or general fall in prices are also studied under macroeconomics.5. Theory of Economics Growth: Study of problems relating to economic growth or increase in per capita real income forms part of macroeconomics. It studies the economic growth of under developed economies. Monetary and fiscal policies of government are also studied under therein.6. Theories of international Trade: Macroeconomics also studies trade among different countries. Theories of international trade, tariff, protection, etc., are subjects of great significance to macro economics.
What economic system does Libya use?
Libya has a command economy. Also known as controlled or planned economy. This is where a government retains the power to decide how the nations economic resources should be allocated. It has complete control over how theses resources are used.
Which of theses was not a goal of unions?
a new form of government
Which of theses was a consequence for farmers during the dust bowl?
The government Took their land
Which of theses is the presidents major source of information and advice on the state of the economy?
council of economic advisors
Which of theses civilization was the first to create a government that protect the rights of all of the people?
Grecian (A+)
Which of theses contributed to the growing economic disparity between the north and south prior to the civil war?
the construction of railroads (from studyisland)
What is singular of theses?
The singular of Theses is thesis.
When was Theses on Feuerbach created?
Theses on Feuerbach was created in 1888.
What does the articular system do?
The articular system is related to the joints within the body. Theses allow a larger range of motion for the body, improves stability, and helps the skeletal system to bearÊthe weight of the body.Ê
Which of theses did Thomas Jefferson consider most important in the new republic?
A less powerful central government Representative government - APEX
What do the elements sulfur ( s) nitrogen (N) phosphorus (p) and bromine (Be) have in common?
If you on the Periodic Table, all of these elements are on the right side of the zig- zag line that is made up of the metalloids. The elements on the right side of the zig-zag line are all non-metals. So all theses elements are non-metals.
Is theses singular or plural?
The word theses is plural; the singular form is thesis. Examples:singular: I will write my thesis over the holiday.plural: The teacher had twenty two theses to grade.
