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Can economic decisions benefit consumers in a free enterprise economy than in a command economy?
Economic decisions can benefit consumers more so in a free enterprise economy rather than in a command economy. This is so due to the fact that the free enterprise economy focuses on production and distribution being privately owned. This also allows the ability to allow products and services to be on a supply and demand basis.
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
Analyze the consequences of consumer economic decisions in a free enterprise economy?
i have the same question for my economics class :/
How does economy relate to free enterprise?
In an economy based on free enterprise people are free to start their own businesses.
What would have the same meaning as capitalism or a market economy?
Free Enterprise System
Can economic decisions benefit consumers in a free enterprise economy than in a command economy?
Economic decisions can benefit consumers more so in a free enterprise economy rather than in a command economy. This is so due to the fact that the free enterprise economy focuses on production and distribution being privately owned. This also allows the ability to allow products and services to be on a supply and demand basis.
What is the consequences of consumer economic decisions in a free enterprise economy?
In a free enterprise economy, the consumer economic decisions can affect the price and supply of a commodity. When the consumers show interest in a product (demand), there will be an increase in the number of producers willing to supply it.
Analyze the consequences of consumer economic decisions in a free enterprise economy?
i have the same question for my economics class :/
Does the United States have a free enterprise economy?
Yes, the US has a free enterprise economy.
How does economy relate to free enterprise?
In an economy based on free enterprise people are free to start their own businesses.
What is argentina's economy type?
The economy is a free enterprise market economy.
What economy does the Philippines have?
The economy of Philippines is based on free enterprise.
Does Brazil have a free enterprise economy?
Yes it does
What would have the same meaning as capitalism or a market economy?
Free Enterprise System
Which group of people ultimately determines the products that a free enterprise economy produces?
Which group of people untimately determines the products that a free enterprise economy produce
How does the government promote efficiency?
Why is the u.s. economy considered a free enterprise economy
What is the importance of the entrepreneur in a free enterprise economy?
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