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What else can I help you with?
Is a mixed economy the same as a market economy?
No. When we say "market economy," we likely mean to say a free market economy-an economy unfettered with government policy interventions. This is usually stated in opposition to a planned command economy-planned by government personnel. Neither of these extremes exist in the real world. World economies are mixed economies. The difference between countries is the degree to which they are mixed. Economies such as Cuba and the former Soviet Union tend toward the command economy whilst economies such as Hong Kong and Singapore are cited as the freest market economies.
When there are external benefits unregulated markets will tend to produce more than the efficient level of output Is this true or false?
false because it tend to produce less than the efficient level of output
Why market economy is better than planned economy?
A market economy is often considered better than a planned economy because it promotes efficiency and innovation through competition. In a market system, resources are allocated based on supply and demand, allowing for responsive adjustments to consumer needs and preferences. This dynamic environment encourages businesses to innovate and improve products and services, leading to greater overall economic growth. Additionally, market economies tend to provide individuals with more choices and freedoms in their economic activities.
What Type Of Economic System Will Likely Grow Fastest?
An economic system that emphasizes innovation, entrepreneurship, and free markets, such as a mixed capitalist system, is likely to grow fastest. These systems encourage competition and allow for the efficient allocation of resources, driving technological advancements and productivity. Additionally, economies that invest in education, infrastructure, and technology tend to experience rapid growth as they can adapt to changing market demands and foster a skilled workforce. Overall, flexibility and the ability to harness new ideas are key factors in promoting swift economic growth.
Traditional economy produce goods that are?
Traditional economies produce goods that are primarily based on customs, traditions, and cultural practices. These goods are often crafted using age-old methods and techniques, reflecting the community's heritage and resources available in their environment. Production is typically focused on meeting local needs rather than for market exchange, with an emphasis on subsistence and sustainability. As a result, goods produced in traditional economies tend to be unique and closely tied to the lifestyle and values of the community.
Is a mixed economy the same as a market economy?
No. When we say "market economy," we likely mean to say a free market economy-an economy unfettered with government policy interventions. This is usually stated in opposition to a planned command economy-planned by government personnel. Neither of these extremes exist in the real world. World economies are mixed economies. The difference between countries is the degree to which they are mixed. Economies such as Cuba and the former Soviet Union tend toward the command economy whilst economies such as Hong Kong and Singapore are cited as the freest market economies.
When there are external benefits unregulated markets will tend to produce more than the efficient level of output Is this true or false?
false because it tend to produce less than the efficient level of output
What constitutes premeditated acts to murder?
Any evidence that would tend to establish the fact that you had planned the event in advance of doing it.
Of the three types of economies command market and traditional which does the following fit into Rich Americans tend to send their children to private schools.?
traditional
Why market economy is better than planned economy?
A market economy is often considered better than a planned economy because it promotes efficiency and innovation through competition. In a market system, resources are allocated based on supply and demand, allowing for responsive adjustments to consumer needs and preferences. This dynamic environment encourages businesses to innovate and improve products and services, leading to greater overall economic growth. Additionally, market economies tend to provide individuals with more choices and freedoms in their economic activities.
Are Germans very organized?
Germans do tend to be organised, structured, efficient etc., but not all Germans are very organised.
What do critics say about market economies?
Critics commonly argue that in a market system the rich, who begin with a disproportionately large share of resources, tend to become richer while the poor, who begin with a disproportionately small share of resources, tend to become poorer.
On the basis of surface area to volume ratio why do cells tend to remain small?
because cell has to maintain that ratio in order to absorb more nutrients and for efficient absorption of materials. Cells tend to remain small because it promotes efficient transport. If a size of cell get bigger, it takes a longer time for transport and diffusion.
How efficient would a Sonicare Toothbrush be?
A Sonicare Toothbrush is actually very efficient in cleaning your entire mouth. It can get in between your teeth to prevent gingivitis, and also makes it easier to clean the gums, which is where most people tend to ignore.
Is the following hypothesis testable college students who read more tend to have more efficient study habits compared to students who read less?
yes
Why is japan more successful than US in the auto industry?
Among other reasons, Japanese cars tend to be smaller and more fuel efficient.
Why did mid-sized contractors get absorbed?
While small, localized contractors tend to enjoy relative stability in their immediate markets, mid-sized contractors found it increasingly difficult to establish economies of scale.
