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Capitalism

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Q: Whichof the following is another term for a free-market system?
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Related questions

In a freemarket system producers are motivated to reduce costs and increase revenues because of which of the following?

Profit Motive


What is freemarket system?

It means the the business is privately owned and operated. It is not owned or controlled by the goverment.


In a freemarket system consumers let producers know what they want to buy and how much theyre willing to pay through what?

Their purchases.


Which of the following is another term for a planned economy?

Socialist system


Which of the following is another term for a free-market system?

CapitalismcapitalismAnother name for free market system would be called second market. This is a non- profit market.


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.


Which of the following system represents heart rate?

respiratory system


What is another word for cardiovascular system?

Another name for the cardivascular system is cirulatory system.


Which of the following is correct unit for speed in MKS system?

The correct unit for speed in MKS system is 'm'.


What is another name for circulatory system?

Another name for the circulatory system would be the cardiovascular system.


What is another name for the circulatory system?

Another name for the circulatory system would be the cardiovascular system.


Differentiate structured and unstructured system?

Which of the following is an example of unstructured system