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People choose which goods to supply and what goods to demand; they supply labor and develop new technologies.

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Q: Why does an economy's strength ultimately reside in its people?
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What accurately describes a characteristic of a distributed file structure?

Data can reside on different servers but appear to end users as if residing on a single server.


Communism is an example of what type of economic system?

It is a form of a command economy. Communism is an economic theory which stresses that the control of the means of producing economic goods in a society should reside in the hands of those who invest their labor for production.


What are some problems with section 8 housing?

Actually, there isn't that many problems with section 8 housing. Those who were on the voucher program or public housing have much higher standard of living than those who are not assistant in the program. This is because any violation of the lease or the law while on the program can result in permanent ban from the program. Living on section 8 for some people have a certain stigma: it is most certain that they are on a low income, typically disabled or elderly, or having some type of dysfunction: a disabled family member, multiple children, etc. And one of the biggest problems is when a voucher holder allows someone who is not in the program, often a convicted felon, to reside with that family undetected.


What is the Difference between regional stock exchange and bse?

The BSE is a national stock exchange - meaning it is common to all residents of the country. (Note: There is a separate exchange called the National Stock Exchange. The term national is used to stress on the fact that, the exchange is available nation wide) A Regional stock exchange is usually located in a particular city and is open for trading only to the residents of that particular city/state which makes it inaccessible for other investors who do not reside in that region.


How does a country become wealthy?

To begin with the land in which they reside must have a range of resources that they can sell such as timber, metals, gold and diamonds. They must also be adaptable to change. The country also needs to have strong minded people and who are willing to risk their life to gain the country more resources. The people also need to very creative and inventive these ideas can then be sold to another country which makes the host country richer. The government must be organised and must appease its people otherwise a revolt can ensue and destroy the country's economy. The country can also be quite powerful and take away resources from other countries, their finances needed to be organised well so that their currency doesn't grow weaker. These are just some of the reasons why a country can become richer than others. Well said from the guy above, I just wanted to add something. Most the new rich countries in the Arabian Peninsula such as United Arab Emirates and Qatar got rich from one thing. Oil. From that wealth, they turned into more of a financial hub and a high rise city. Now they are home to offices of Real Estate firms, and Financial firms as well. Hope this helped, sc

Related questions

How did Lincoln describe self government?

Lincoln described self-government as "government of the people, by the people, for the people" in his Gettysburg Address. He believed that power should ultimately reside with the citizens, who have the right to participate in the decision-making process and shape their own destiny through democratic means.


Is it correct to say one or more persons are residing or reside?

People are residing. It's 'to reside'.


How many people reside in Rome?

3,458,450


What are the people who reside in Canada?

They are called Canadians..


How many people reside in the US?

306 Million


How many white people reside in Montana?

595000


Is Greenland inhabited?

Yes, about 58,000 people reside there.


Why do the eastern woodland people matter?

All people matter regardless of where they reside.


What are capital residents in the hunger games?

people who reside in the capital.


Where do werewolves reside and why?

in normal places like normal people.


Where do people live in a desert?

Most people who live in deserts reside in towns and cities.


How many people currently reside in each congressional district?

647,000