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Which of the fllowing terms does not describe the United States economy?
To accurately answer which term does not describe the United States economy, I would need the specific terms you're considering. Generally, the U.S. economy is characterized as a mixed economy, capitalist, and market-oriented, but if you provide the options, I can identify the one that doesn’t fit.
Would you expect new and better machinery and equipment to be adopted more rapidly in a market economy or in a centrally planned economy?
Market economy
Which economy would consumers have the most choices of what products to buy?
market economy
Why would a completely free market economy would not be a practical one for any major country?
A free market economy is an economy in which all markets within it are unregulated by any parties other than those in the market. It limits the government's intervention. If it was completely free than the government would have less intervention and would make the economy much more sensitive and vulnerable.
Which kind of economy would you have the most opportunity to try to achieve success if you are an entrepreneur?
Market Economy
Which of the fllowing terms does not describe the United States economy?
To accurately answer which term does not describe the United States economy, I would need the specific terms you're considering. Generally, the U.S. economy is characterized as a mixed economy, capitalist, and market-oriented, but if you provide the options, I can identify the one that doesn’t fit.
Would you expect new and better machinery and equipment to be adopted more rapidly in a market economy or in a centrally planned economy?
Market economy
Which economy would consumers have the most choices of what products to buy?
market economy
What type of economy does myanmar have?
Myanmar(Burma) has a mixed economy.It would be market economy, but because no country has pure market economy due to government regulations, Myanmar has a mixed economy.
What kind of econemy is a absolute monarchy?
I would havae to say a market economy. i found an answer that said a capital economy but i needed a specific answer. a market economy is also called capatalism so thats why i say market economy. if anybody has a different answer. please correct me because i would like to know for sure.
Why would a completely free market economy would not be a practical one for any major country?
A free market economy is an economy in which all markets within it are unregulated by any parties other than those in the market. It limits the government's intervention. If it was completely free than the government would have less intervention and would make the economy much more sensitive and vulnerable.
Which kind of economy would you have the most opportunity to try to achieve success if you are an entrepreneur?
Market Economy
Is the Italian economy a market economy or a command economy?
Italy's economy may have strong government regulation, but it is first and foremost a MARKET ECONOMY because firms choose their own levels of production, not the Italian government (which would be the case in a command economy).
Does Peru use free market economy command economy or mixed economy?
It would be Traditional economy because command economy would sort of be like Cuba and mixed economy would be like us (The United States).
Has the tower of Pisa effected Europe's economy?
It would only affect the local economy in terms of tourism, but not the economy of Europe.
What are disadvantages to a market economy?
A Market economy is reffered to as an economy in which the consumers decide what to produce, How to produce and For whom to produce. There are several disadvantages of a market economy. The main one being an inefficient allocation of resources refered to as market failure. Firstly, some good and services would be under provided such as defence and education.
How could the monopolies harm the U.S. Economy?
Monopolies would harm the U.S Economy because it would close out the window for competition, and free market.
