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What is the personal service sector of the economy?
The personal service sector of the United States of America's economy is that of jobs that involve person issues such as hair cutting, nail appointments, and massages.
What does fiscal policy involve?
spending levels and tax rates to monitor and influence a nation's economy
How comes corruption affects the economy?
Corruption affects the economy in many ways, because it involves people with a lot of power and a lot of money. An example of corruption affecting the economy could involve a political figure that takes a bribe from a large company. If that figure then allows the large company to then get away with something, or to receive government funding, that company now has an unfair advantage over other companies in the economy.
Why is the command economy mixed economy alike?
A command economy and a mixed economy are alike in that both involve significant government intervention in economic decision-making. In a command economy, the government controls all major aspects of production and distribution, while a mixed economy combines elements of both capitalism and socialism, allowing for private enterprise alongside government regulation. Both systems aim to address social welfare and economic stability, albeit through different mechanisms. Ultimately, they share a goal of managing resources to meet the needs of the population.
What is the Swot analysis of US economy?
A SWOT analysis of the US economy reveals several key points. Strengths include a large and diverse economy, technological innovation, and a robust consumer market. Weaknesses encompass income inequality, high national debt, and reliance on imports. Opportunities involve advancements in renewable energy, infrastructure improvements, and emerging markets. Threats include geopolitical tensions, potential recession risks, and the impact of climate change.
Why the public sector becomes involve and intervene in the economoy?
Why the public sector becomes involve and intervene in the economy
What is the personal service sector of the economy?
The personal service sector of the United States of America's economy is that of jobs that involve person issues such as hair cutting, nail appointments, and massages.
What does fiscal policy involve?
spending levels and tax rates to monitor and influence a nation's economy
In both socialist and communist systems. the will have a large influence on the economy?
In both socialist and communist systems, the government plays a significant role in controlling and planning the economy. This can involve nationalization of key industries, central planning of production and distribution, and extensive welfare programs. The aim is typically to promote equality, social welfare, and the collective good of society.
What are the risk involve in euro market?
world economy of individual european countries, the continuation of integrated euro market, the unbalanced income, etc.
What economy is similar to command economy?
A planned economy is similar to a command economy, as both involve central authorities making decisions regarding production, distribution, and resource allocation. In a planned economy, the government or a central planning authority sets targets for production and consumption, while in a command economy, the government directly controls economic activities. Both systems prioritize collective or societal goals over individual preferences and rely on centralized planning to achieve economic objectives.
What term best describes a community in which many jobs involve generating ideas and services?
The term that best describes a community where many jobs involve generating ideas and services is a "knowledge economy." In a knowledge economy, the focus is on intellectual capabilities rather than physical inputs or natural resources, with a strong emphasis on innovation, creativity, and the production of information-based services. This type of economy thrives on the development and sharing of knowledge, fostering a culture of collaboration and continuous learning.
How comes corruption affects the economy?
Corruption affects the economy in many ways, because it involves people with a lot of power and a lot of money. An example of corruption affecting the economy could involve a political figure that takes a bribe from a large company. If that figure then allows the large company to then get away with something, or to receive government funding, that company now has an unfair advantage over other companies in the economy.
What is the definition of service sector?
The service sector is a segment of the economy that provides intangible goods and services to consumers, such as healthcare, education, finance, and entertainment. It does not involve the production of physical goods.
Why is the command economy mixed economy alike?
A command economy and a mixed economy are alike in that both involve significant government intervention in economic decision-making. In a command economy, the government controls all major aspects of production and distribution, while a mixed economy combines elements of both capitalism and socialism, allowing for private enterprise alongside government regulation. Both systems aim to address social welfare and economic stability, albeit through different mechanisms. Ultimately, they share a goal of managing resources to meet the needs of the population.
Are sales engineering jobs plentiful?
Sales engineering jobs are not necessarily "plentiful" in today's economy. Sales engineering jobs are some of the first jobs to be cut, because they do not involve production.
What are the effects of lack of tourism?
the effect of lack of tourism are involve in the area of political,economic,and etc....unstable financially,and economically....the very big result is poverty and under the line of good economy.
