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Economics

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Gennaro Schmeler

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Cards in this guide (16)
What does Authoritarian mean

Requiring strict obedience to an authority, such as a dictator .

Who was the leader that introduced communism and central planning to the former Soviet Union

Vladimir Lenin

A person who believed in the doctrine of laissez faire would dissaproved of

government funding education

How does a society answer the three economic questions about the production and consumption of goods and services

Its answer is based on the importance it attaches to various economic goals and societal values.

Find the slope of the line passing through the points 0 0 and 4 6

Slope of line = (change in y coordinates)/(change in x coordinates) = (6-0)/(4-0) = 6/4 = 3/2

Which agent of metamorphism can cause the overall composition of rock to change

khggkuguigbgui

With centrally planned on the left and free market on the right which of the following countries economic systems would be farthest to the right on the continuum of mixed economies

You would need to list the countries for us to respond to your question. The first sentence here is correct. However, when speaking about centrally controlled economies it worth mentioning whether the economy is planned by force or by a recognized system where voters have a say via the ballot box such as in Great Britain. Also, should we assume that a free market economy is also based on the ballot box. Generally speaking, a free market, has a minimum of government control.

In summary, more details and names of countries is needed here.

Industry that requires a large capital investment and that produces items used in other industries is known as

A Heavy Industry

What was not a priority of soviet planners

luxury items for consumers

How would the economy of Canada be likely characterized

The Canadian economy would be characterized as diverse with an emphasis on natural resources, manufacturing and construction industries, and service industries.
Mixed, but on the side of free market

In the Soviet Union what was a collective

a large farm leased from the state to groups of peasant farmers

In a traditional economy what are the economic decisions based largely on

Customs and traditions.

What did China's steps to modify its centrally planned economy include

China's steps to modify its centrally planned economy includes reversing the market regulations. They also encouraged literacy in the economy markets which worked to their advantage.

What is porperty owned by individuals or companies not by the government or the people called

Private Property

Which of the following is not an economic goal that influences how societies answer the three key economic questions

In order to know which of the following is not an economic goal that influences how societies answer the three key economic questions one would need to know the answer choices.

Which is not a process involved in the formation of sedimentary rocks

how does the fossil record provide evidence for evolution?!

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