1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Burka [1]
2 years ago
9

China is currently a socialist economic system. In view of china's explosive growth in supplying goods to the world do you see c

hina becoming more of a market economic system. Why/why not?
Business
1 answer:
Lesechka [4]2 years ago
8 0

China is currently a socialist economic system. In view of china's explosive growth in supplying goods to the world China is becoming more of a market economic system.

Generally China is defined as a mixed economy market. But it is a planned  economy with most of the characteristics of the market economic system under the trend of the globalization.

For example: China government planned to focus on electric cars and thus the same china did and for the cars which were produced in China and sold in China only were provided with the government subsidy.

However China government also plans for those things which it does not want to see in the market such as stopping corporations inside trade on stocks.

To know more about market economic system here:

brainly.com/question/13340111

#SPJ4

You might be interested in
Value can be increased by increasing perceived benefits while holding price or cost constant. Question 11 options: TRUE FALSE
skad [1K]

Answer:

True

Explanation:

Value is the perception of the benefits or utility associated to consuming a good or a service in relation to the price of that good or service. This basically refers to consumer surplus, how much are consumers willing to pay for a good or service vs the actual cost of the good or service. If you increase the perceived benefits, then our consumers will value our goods or services more and this would increase their consumer surplus.

Consumers are the ones that ultimately will decide the value of our goods or services, and if they assign us a higher perceived value, they will be willing to pay a higher price for them.

7 0
3 years ago
Employees with _____, in which work output is exchanged back and forth among individuals, should be organized into teams to faci
Andrew [12]

Answer: Reciprocal Interdependence.

Explanation:

Reciprocal Interdependence is a working situation in which the output of a department of an organization forms the direct input used by another department in the same organization.

In organizations functioning with reciprocal interdependence, the various departments have to form strong interwoven relationship to increase effectiveness and productivity.

3 0
3 years ago
In the late 1970s Federal Reserve Chairman Paul Volcker contracted the money supply to reduce the rate of inflation. One result
xxTIMURxx [149]

Answer: to increase interest rates which reduced aggregate demand.

Explanation:

Since the money supply was contracted to reduce the rate of inflation, this will lead to increase interest rates which reduced aggregate demand.

In this case as a result of the increase in the interest rate, people will prefer to save their money in the banks and thus will result in less money in circulation which ultimately reduces the demand for goods and services.

8 0
3 years ago
Review your pre and post scores from "Where Are You Now." Did your scores improve? What activities did you complete that facilit
DIA [1.3K]

Answer:

what do you mean did our scores improve, if so, idk yet

3 0
3 years ago
What are some of the key components that are listed on a check in the current day?
stepladder [879]

Checks have several vital pieces of information, including

  • routing number
  • account number
  • check number
  • payee
  • payor
  • amount (in numbers)
  • amount in writing
  • payor signature
  • whatever security features the bank includes
5 0
3 years ago
Other questions:
  • To achieve cardiovascular endurance, it is recommended by the acsm that jill exercise at a moderate intensity at least ________
    11·1 answer
  • A firm expects to sell 25,200 units of its product at $11.20 per unit and to incur variable costs per unit of $6.20. Total fixed
    9·1 answer
  • Interest of the building on the principal and interest already gained is what
    10·1 answer
  • A CEO is considering whether to invest in developing leadership capabilities in its managers. To make this determination, which
    11·1 answer
  • Economies of scale:
    6·1 answer
  • Inventory should be reported as follows except a.according to the chosen cost flow assumption. b.at lower of cost or market. c.a
    7·1 answer
  • A Mission Statement gives guidance the portfolio of programs and projects in an organization. Project managers should be able to
    14·1 answer
  • A machine was purchased for $35,500, having a useful life of 10 years, and a residual value of $6,000. Compute the annual deprec
    15·1 answer
  • Accounting profit is typically rev: 06_26_2018 Multiple Choice smaller than economic profit because the former does not take imp
    6·1 answer
  • According to Herzberg, which group of motivational factors would give employees the most satisfaction
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!