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Who makes the decision how goods and services will be made in this econommy?
Wiki User
∙ 6y ago
Mostly the American consumer. The US government also plays a large role in the nation's economy, constituting roughly 36% of GDP - making it the largest and thus most influencial economic institution and consumer. Manufacturers or those controlling supply may also manipulate demand through advertising and popular media.
Wiki User
∙ 17y ago
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Who makes purchases of goods and services for personal use is considered to be a?
peter
What is an intermidiatel buyer?
Assuming you mean 'intermediate buyer', it is a buyer who makes use of goods and services with the intention of creating further goods or services for the benefit of the economy.
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
Which of these describes a controlled econmic system?
The government makes decisions about production and distribution of goods and services.
What is an economic system in which government makes all economic decisions about how goods and services and produced and distributed is called?
Socialism.
Who makes purchases of goods and services for personal use is considered to be a?
peter
What is an intermidiatel buyer?
Assuming you mean 'intermediate buyer', it is a buyer who makes use of goods and services with the intention of creating further goods or services for the benefit of the economy.
Art and economics?
art is the production of goods and services,this makes it an economic activity
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
Which of these describes a controlled econmic system?
The government makes decisions about production and distribution of goods and services.
Who makes all of the goods and services?
Most usually, people or machines operated by, maintained and monitored by people.
What makes allocation decisions necessary?
There are never enough goods and services to satisfy all wants and needs.
System in which the central government makes all decisions on the production and consumption of goods and services?
mixed economy
What is an economic system in which government makes all economic decisions about how goods and services and produced and distributed is called?
Socialism.
Best explains what makes allocation decisions necessary?
There are never enough goods and services to satisfy wants and needs
What does bank term CAD mean?
It occurs when a country's total imports of goods, services and transfers is greater than the country's total export of goods, services and transfers. This situation makes a country a net debtor to the rest of the world.
Who is a person company or business that makes the goods or provides services for consumers?
A person, company, or business that makes goods or provides services for consumers is commonly referred to as a "provider" or "supplier." These entities are responsible for producing, manufacturing, or offering products and services that meet consumer demand and fulfill specific needs or desires. Providers can range from small-scale individual artisans to large multinational corporations, and they play a crucial role in the economy by contributing to the production and distribution of goods and services to consumers.
