answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

When the government allows free enterprise but places some restrictions on the economy?

this isn't a question....its a statement


What statement is true about the free enterprise system?

it allows the citizen to own and operate private business for profit.


What statement describes the theory of mercantilism?

The theory of mercantilism is described best as England giving economic favors. these favors were given to some companies and people but not others.


What statement is more complete with regard to the role of the producer in an economy?

A more complete statement regarding the role of the producer in an economy would emphasize that producers not only create goods and services but also drive innovation, influence market supply, and respond to consumer demand. They play a crucial role in resource allocation, job creation, and overall economic growth by determining what to produce, how to produce it, and for whom. Additionally, producers contribute to the economy by generating revenue and facilitating trade.


What statement is a PRIMARY characteristic of a capitalist system?

Free enterprise is usually a characteristic of a capitalist system. Free enterprise is the idea that people are free to operate their businesses with little, if any, government controls.Free-enterprise capitalism has been a powerful idea throughout American history. Starting in the 1700s, colonists complained against Britain's Navigation Acts because they controlled trade and limited freedom of enterprise. The desire for economic freedom was one of the causes of the American Revolution. The idea of free enterprise remained strong during the 1800s. Many immigrants came to America because its free-enterprise system gave them the freedom to work as they pleased. (Note: Some countries have capitalist systems which grant less freedom of enterprise than others. For example, modern Japan is a capitalist country, but its government places some strong controls on Japanese businesses.)

Related Questions

Microorganisms are the main producers in the statement?

no


Which document is best described as a statement of democratic principles rather than a framework for government?

The Declaration of Independence is best described as a statement of democratic principles.


What characteristic is described in the following statement The dog's coat is brown?

The characteristic described in the statement is the color of the dog's coat, which is brown.


The Declaration of Independence could best be described as a defining statement of American?

The Declaration of Independence could be described in may ways. There is no "best" one.It was a statement of American existenceIt was a statement of American identityIt was, and still is a statement of American hope for the country and for the people.And, of course, it can be described as a statement of American independence - the very reason for the existence of the document.


Is an aphorism?

A tersely phrased statement of a truth or opinion; an adage. A brief statement of a principle. 👏


The present is the key to the past This statement rephrases the?

Principle of Uniformitarianism.


What theme of geography is best described by the following statement?

There are no themes of geography described below


What describes the meaning of theorem?

That which is considered and established as a principle; hence, sometimes, a rule., A statement of a principle to be demonstrated., To formulate into a theorem.


When the government allows free enterprise but places some restrictions on the economy?

this isn't a question....its a statement


What describes the meaning of the term theorem?

That which is considered and established as a principle; hence, sometimes, a rule., A statement of a principle to be demonstrated., To formulate into a theorem.


The Equi-Marginal Principle can be applied to both consumption as well as production Discuss this statement with the help of an example?

The Equi-Marginal Principle can be applied to both consumption as well as production Discuss this statement with the help of an example?


Explain the principle of substance over form and how it limits the financial statement?

Substance over form is an accounting principle used to ensure that the financial statement reflects the complete, relevant and accurate picture of the transactions and events.