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Which type of government fits this description The government makes all of the decisions and consumers' choices are given little attention?
A government that makes all of the decisions and consumer choices are given little attention is an authoritarian government. Communism is just one type of authoritarian government.
This is a characteristic of communism, as opposed to capitalism.
The drawback to the communist system of government, as usually applied, is that the consumer is subject to the decisions of the government, and therefore to the needs of the populace as a whole. This does not give the individual much control over the type of goods that he is provided.
This is more precisely a command economy, which used to be practiced as "communism" in the Soviet Union.
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What term matches this description the government makes all of the decisions and consumer choices are given little attention?
A government that makes all of the decisions and consumer choices are given little attention is an authoritarian government. Communism is just one type of authoritarian government. This is a characteristic of communism, as opposed to capitalism. The drawback to the communist system of government, as usually applied, is that the consumer is subject to the decisions of the government, and therefore to the needs of the populace as a whole. This does not give the individual much control over the type of goods that he is provided. This is more precisely a command economy, which used to be practiced as "communism" in the Soviet Union.
What group of players make all of the economic decisions in a freemarket system?
The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.
In the united state which group actually makes most of the economic decisions?
The Consumers
Which best explains how a free market system has a circular flow of influences?
Consumers decisions affect producers, and producer decisions affect consumers.
Who made all economic decisions?
Economic decisions can be made by various entities depending on the context. In a market economy, individual consumers and businesses make decisions based on supply and demand. In a command economy, the government or central authority typically makes all economic decisions. In mixed economies, a combination of both market forces and government regulations influences economic decision-making.
What term matches this description the government makes all of the decisions and consumer choices are given little attention?
A government that makes all of the decisions and consumer choices are given little attention is an authoritarian government. Communism is just one type of authoritarian government. This is a characteristic of communism, as opposed to capitalism. The drawback to the communist system of government, as usually applied, is that the consumer is subject to the decisions of the government, and therefore to the needs of the populace as a whole. This does not give the individual much control over the type of goods that he is provided. This is more precisely a command economy, which used to be practiced as "communism" in the Soviet Union.
Who is a government free economy where consumers and business owners control the economy decisions?
United state of America
If one royal person officially makes all the decisions in a nation the government is called?
This is the description of a monarchy.
What do consumers need to pay attention to in order to make rational choices?
Consumers should pay attention to product quality, pricing, reviews, and return policies to make rational choices. It is important to consider personal needs and preferences, compare options, and avoid making impulsive decisions. Conducting research and seeking recommendations can also help in making informed decisions.
Does the multiple selves theory apply to brand decisions for consumers?
does multiple selves theory apply to brand decisions for consumers? does multiple selves theory apply to brand decisions for consumers?
What group of players make all of the economic decisions in a freemarket system?
The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.
In the united state which group actually makes most of the economic decisions?
The Consumers
Which best explains how a free market system has a circular flow of influences?
Consumers decisions affect producers, and producer decisions affect consumers.
Who made all economic decisions?
Economic decisions can be made by various entities depending on the context. In a market economy, individual consumers and businesses make decisions based on supply and demand. In a command economy, the government or central authority typically makes all economic decisions. In mixed economies, a combination of both market forces and government regulations influences economic decision-making.
Consumers influence the decisions of producers in which of the following way?
through the purchasing decisions they make
What type of system does the government make no economic decisions?
The type of system where the government makes no economic decisions is known as a free-market economy. In this system, economic decisions are driven by individual choices and market forces, such as supply and demand. Businesses and consumers operate with minimal government intervention, allowing for competition and innovation. This approach promotes efficiency and consumer choice but can also lead to inequalities and market failures.
What role do consumers play in economic decisions?
worker
