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Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
Who owns the factors of productiom and makes economic decisions in a market economy?
Individuals own the factors of production and make economic decisions in a market economy. This is in contrast to a command economy, where the government makes those decisions.
In a market or capitalist economy who makes the economic decisions?
The people in the market make these decisions on an individual basis.
In a market economy who makes the decisions that guide most economic activity?
firms and households
Who makes the economic decisions in Australia?
who makes australia's economic decisions
Who makes the economic decisions in a market economy?
The Market or if you want a "who", consumers and producers.
Who owns the factors of productiom and makes economic decisions in a market economy?
Individuals own the factors of production and make economic decisions in a market economy. This is in contrast to a command economy, where the government makes those decisions.
In a market or capitalist economy who makes the economic decisions?
The people in the market make these decisions on an individual basis.
Who makes economic decisions in a free-market system?
Consumers and Producers.
In a market economy who makes the decisions that guide most economic activity?
firms and households
Who makes the economic decisions in Australia?
who makes australia's economic decisions
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.
Who makes Cuba's economic decisions?
the government makes all the decisions, he is a dictator
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.
Who makes economic decisions?
the government makes all the decisions, he is a dictator
Who makes the economic decisions of India?
The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.
Who makes decisions in a market economy?
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
