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Q: Who makes the economic decisions in new zealand?
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What are Economic utilities created by business activities?

Form, time, place, possession, and information are all utilities crreated through economic decisions, for example, we create new products from the resources provided to us naturally.


Is New Zealand a traditional economy?

NO. New Zealand is a modern capitalist economy.


Is New Zealand capitalism communism or socialism?

This question is very general in describing the governmental system used within New Zealand. Candidly, you could say that New Zealand is a Democratic Dictatorship with Socialist ideals maligned with a Communist streak, overall represented by a Constitutional Monarchy. In reality it is a mixture of Socialistic and Democratic governmental system that is based upon the Constitutional Monarchy of the UK. The economic system as a 'free market economy' is certainly capitalistic, but is regulated by the ideals of the governing body.


What is a economic system where people own and make economic decisions?

Economic systems where people own property and conduct business free from despotic governments are often referred to as capitalistic economies. Time and necessity, however, has placed certain restrictions and regulations on such economic systems, based on laws of the government. Practically speaking, these new economies still allow for people to own and make economic decisions are best labeled " free market economies". This implies that the freedoms mentioned are still in place but subject to fair laws and regulations that help all people. Sometimes these economies are also referred to as" mixed economies" because of government involvement into economic affairs and because taxation can influence business decisions.


What do you understand by the term New International Economic Order?

what is new international economic order

Related questions

Who is the Minister for Economic Development for New Zealand?

Steven Joyce is the Minister for Economic Development for New Zealand.


What makes the kiwi a treasure to new Zealand?

its only found in New Zealand


Who makes the laws in New Zealand?

Parliament makes law in New Zealand by passing bills into legislation, which then become Acts.


What has the author William Ball Sutch written?

William Ball Sutch has written: 'The responsible society in New Zealand' -- subject(s): Social security 'Price fixing in New Zealand' -- subject(s): Price regulation 'Poverty and progress in New Zealand' -- subject(s): Social conditions, Social policy, Economic conditions, History 'Recent economic changes in New Zealand' 'Colony or nation' -- subject(s): Economic policy, Economic conditions


Who makes fusion tv's?

New Zealand


What is one of the top economic resources that is produced in New Zealand?

farming.


What makes New Zealand what it is?

The culture and character of the peoples.


What are the major economic activities in new zealand?

financial services maybe


What industry is New Zealand famous for?

New Zealand's most famous industries are the agriculture and tourism sections, both of which feature heavily in its economic and social makeup.


New Zealand has economic contol of its surrounding ocean for how many km?

1000kms this is you answer lol :)


Who makes executive decisions in China?

The president of China makes executive decisions for the country. He is also responsible for approving all new government policies.


Is education in Australia better than New Zealand?

NO. What makes you think that?!