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When a country chooses to limit the kinds of goods or services it produces it is practicing?
Many people who support socialism, cause by the very nature of this economic, political system to have the government control the use of goods and services. As the government owns the means of production, it must decide how to allocate the products produced by government owned and operated industries. In Canada, for example, there is free medical care for everyone. This may be a good thing, however, the down side of this is that the government decides for example, who may receive a organ transplant. In a non socialized medical system, the government cannot make such decisions. The decisions are made by doctors and hospitals.
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What is it called when you are not involved with foreign affairs?
When a country chooses not to be involved in foreign affairs, it is often referred to as neutrality or isolationism. This means that the country does not take sides or participate in international conflicts or agreements.
Is Columbia a rich or poor country?
Columbia is considered a middle-income country. It has a diverse economy with industries such as oil, mining, agriculture, and services contributing to its overall economic stability. While there are disparities in wealth distribution within the country, Colombia is not classified as a poor country.
What state produces more peanuts than any other?
Georgia produces more peanuts than any other state in the United States. The warm climate and fertile soil in Georgia are ideal for growing peanuts, making it the top peanut-producing state in the country.
Define the term 'state' of a country?
The state of a country refers to its political organization and system of government, including its institutions, laws, and officials. It represents the highest authority within a defined territory and is responsible for maintaining order, providing services, and representing the country internationally.
What are visible and invisible exports?
VISIBLE EXPORTS are actual goods which are sold to other nations by domestic firms, like tables, TVs, and vehicles.INVISIBLE EXPORTS are services which are sold to other nations by domestic firms, like banking, insurance, and tourism.
What does A country's econmic systems refers to?
the answer is a economic refers to the way in which it produces and distributes goods and services .
Is the total value of goods and services a country produces annually?
GDP, gross domestic product.
How is exchange rate determined in your country?
God Chooses it
When a country can produce many things but chooses to produce one main thing or just a few things this country is said to be?
When a country can produce many things but chooses to produce one main thing, or just a few things, this country is said to be
Which country produces the most calculators India or Japan?
The country that produces the most calculators is India.
What countries produce polyester?
the country that produces polyester is Asia.
What is a country that has the most people practicing Hinduism?
Nepal, its the one and only Hindu Country.
Is there an African country that produces oil?
Equatorial Guinea produces oil!
What country produces the most lamborghinis?
Italy produces the most lamborghinis
What country produces good goalkeepers?
Italy produces good goalkeepers.
Which country produces spaghetti bolognese?
Italy produces spaghetti bolognes
Which country produces the most diamonds?
The country that produces the most synthetic diamonds is the United States. The Apollo Diamond Company in Boston Massachusetts produces the most according to Smithsonian.com
