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What kind of economy did the Republicans prefer?
Republicans typically prefer a free market economy with minimal government intervention. They often advocate for lower taxes, less regulation, and promoting business growth through competition and innovation.
Which city-state appears to control the greek peninsula?
Athens appears to be the city-state that controls the Greek peninsula due to its powerful navy, strong economy, and leadership role in the Delian League.
What are the 6 characteristics of the united states economy?
Capitalist system: Private ownership of businesses and resources. Market economy: Prices determined by supply and demand. Consumer-driven: Consumer spending is a key driver of economic activity. Innovation and entrepreneurship: Emphasis on creativity and business development. Diverse industries: From technology to agriculture, the economy is varied. Global trade: Participation in international trade and investment.
What is the difference in job security under a communist state and a free market economy?
In a communist state, job security is typically more guaranteed as the government controls employment opportunities and aims to provide jobs for all citizens. In contrast, in a free market economy, job security is subject to market fluctuations and individual performance, with less government intervention in job creation or protection.
Is south Korea developed under a socialist system?
No, South Korea is not developed under a socialist system. It is a capitalist country with a mixed economy that includes elements of socialism, such as government intervention in certain sectors, but overall it operates on capitalist principles with a focus on private enterprise and free market competition.
What invisible hand regulates the free-market economy?
competition and self interest
What ''invisible hand'' regulates the free market economy?
competition and self-interest
How do you define planned economy?
An economic system in which the government controls and regulates production, distribution, prices, etc.
What is econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
Who controls a mixed economy?
The state controls a mixed economy!
What is Vietnams econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
Whats called when the government controls the entire economy?
When the government controls the entire economy, it is called a centrally planned economy.
What are the four degrees of competition that exist in a capitalistic economy?
The four degrees of competition that exist in a capitalistic economy are: perfect competition, monopolistic competition, oligopoly, and monopoly.
Government regulates and promotes businesses in a what?
Executive branch
What does the watchdog of the economy do?
engineers economic controls to maintan a stable economy.
What organization regulates the items that must be included on the fuel economy portion of a vehicles window sticker?
The Environmental Protection Agency regulates the items that must be included on the fuel economy portion of a vehicle's window sticker.
What organization regulates the items that must be included on the fuel economy portion of a vehicle's window sticker?
The Environmental Protection Agency regulates the items that must be included on the fuel economy portion of a vehicle's window sticker.
