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Terms best describes government involvement in the form of financial assistance to crisis-stricken banks and businesses?
Bailout A+
What best describes role of government in a free enterprise system?
Allows individuals to operate their businesses in ways they think will maximize their profits
Which of the following best describes the role of government in a free enterprise system?
It allow individuals to operates their businesses in ways they think will maximize their profits.
Which of the following describes a drawback of a command economy compared to a free market economy?
Answer this question… It reduces innovation by requiring all businesses to follow government orders.
Which describes comparative advantage?
Existence of lower opportunity cost then competitors
Terms best describes government involvement in the form of financial assistance to crisis-stricken banks and businesses?
Bailout A+
Who benefited from the Reconstruction Finance Corporation?
Businesses that could keep operating
What term BEST describes the U.S. government's policies towards businesses in the late 19th century?
laissez-faire
What best describes role of government in a free enterprise system?
Allows individuals to operate their businesses in ways they think will maximize their profits
What best describes warren hardings attitude towards businesses?
He felt the government should cooperate with business to achieve greater profits
Which of the following best describes the role of government in a free enterprise system?
It allow individuals to operates their businesses in ways they think will maximize their profits.
What describes facism?
Basically, under a fascist government, businesses are owned by the citizenry, but the government dictates all business practices e.g., hours, prices, wages, products or services, etc.
Which of the following describes a drawback of a command economy compared to a free market economy?
Answer this question… It reduces innovation by requiring all businesses to follow government orders.
The terms revolving door describes when?
The term "revolving door" describes the movement of individuals between the public sector (government) and the private sector (businesses or organizations), often leading to potential conflicts of interest, preferential treatment, or unethical behavior.
Which describes comparative advantage?
Existence of lower opportunity cost then competitors
Which of the following best describes the relationship between trade-offs and opportunity costs?
opportunity cost are incurred when trade-offs are made
What best describes a major impact of economic ideas that emerged from the Enlightenment?
Revolutionaries established representative forms of government in several states.
