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Who possesses the factors of production in South Africa?

Both the government and private owners makes economic decisions because the government has control over certain important industries, such as Eskom, while private owners control other important industries.


Why should the canadian government should protect canadian business from both foreign competition and takeovers?

The Canadian government should protect Canadian businesses from foreign competition and takeovers to safeguard national interests, promote economic stability, and preserve jobs. By supporting local firms, the government can ensure that profits remain within the country, fostering reinvestment in the Canadian economy. Furthermore, protecting domestic industries can help maintain a diverse and resilient economic landscape, which is crucial for innovation and long-term growth. Ultimately, such measures can enhance national security and cultural identity by preserving Canadian control over key sectors.


How has the economy of India changed in the last few years?

The government has privatized many industries it used to control


What is load shading?

Its not load-shading. Its Load Shedding.. It happens when there's a lack of power, and the industries require more power, the government transfer the elecricity from residential areas for a while to provide for the industries


What is the claim in competition makes a comeback?

The claim in "Competition Makes a Comeback" suggests that renewed interest and emphasis on competition can drive innovation, improve quality, and enhance consumer choices in various markets. It argues that a competitive environment fosters efficiency and motivates businesses to perform better, ultimately benefiting consumers. The resurgence of competition, particularly in industries dominated by monopolies or oligopolies, can lead to more equitable market dynamics and stimulate economic growth.

Related Questions

In the late 1800s the US government became increasingly concerned about the lack of competition in certain industries as large corporations and trusts were formed In 1890 Congress pass?

to prevent monopolies by big corporations or trusts :) yay for study island!


What has the author Daniel Norman Chester written?

Daniel Norman Chester has written: 'The nationalised industries' -- subject(s): Corporations, Government, Government Corporations


Who has the power to make rules for large industries and businesses that affect the public?

Government corporations


Who has the powers to make rules for large industries and businesses that affect the public?

Government corporations


Why did corporations arise?

The corporations arise because the massive industries needed more expert management


How do multinational corporations impacts local community and government?

They impact local community and government by providing jobs and bringing other industries into play in the community. They provide a rich revenue and tax base as well.


North American economies are based increasingly on?

technology industries


The tariffs would raise money for the government and protect American industries from foreign competition. Who opposed the tariffs and why ?

The south because they had little industry .


What is the idea that government should protect industries from foreign competition?

The idea that government should protect industries from foreign competition is known as protectionism. This approach often involves implementing tariffs, quotas, and subsidies to shield domestic industries from international competitors, aiming to preserve jobs and promote local economic growth. Advocates argue that it can help nascent industries develop and maintain national security, while critics contend it can lead to inefficiencies, higher consumer prices, and trade disputes.


Is IBM perfect competition?

IBM is a company, so it can't be a perfect competition. Only industries can be a perfect competition, or not.


What has the author Charles L Merwin written?

Charles L. Merwin has written: 'Financing small corporations in five manufacturing industries, 1926-36' -- subject(s): Corporations, Finance, Industries, Stock companies


What has the author Marc L Busch written?

Marc L. Busch has written: 'Trade warriors' -- subject(s): Commercial policy, Competition, International, Government policy, High technology industries, International Competition, Subsidies