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2 years ago

To what extent do you think the government should be involved in the free enterprise economy?

Business

1 answer:

kow [346]2 years ago

6 0

The involvement of government in the free enterprise economy should be strictly limited.

What is free enterprise?

An economy where the market sets pricing for goods and services, not the government, is known as free enterprise or the free market. Government control over businesses and services is not present. Alternatively, the term "free enterprise" could refer to a philosophical or legal framework in which the majority of controls over commercial activity come from the private sector.

Government's participation in the free-market economy should be rigorously constrained. However, the government could step in to take the following actions:

To make sure that revenue is shared fairly among all members of society.

To control monopolistic behavior and unethical commercial activities that limit market competition.

To overcome a failing market.

To implement tax reform and impose business taxes.

To implement monetary and fiscal policy during recessions.

To Apply automatic stabilizers.

To upgrade the infrastructure

To offer assistance

To know more about free enterprise, go to URL

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Mamont248 [21]

Answer:

Explanation:

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3 years ago

Oil Creek Auto has sales of $3,340, net income of $274, net fixed assets of $2699, and current assets of $836. The firm has $417

Rom4ik [11]

Answer:

inventory = 0.125

Explanation:

It is asking us to express the inventory as a percent of sales

Th common-size statement refer to express each valeu a percent of sales:

Sales 3,340 100.000%

income 274 8.234% (274 divided by 3340 times 100)

fixed assets 2,699 80.809%

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Inventory 417 0.12485 (417/3,340)

the answer should be a decimal so we don't covert to percent.

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3 years ago

The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experience

Eddi Din [679]

The process that individuals or groups go through to select, purchase, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and desires is known as Consumer Behavior.

<h3><u>Explanation</u>:</h3>

The process that deals with the study of how the individuals and the organisations selects, purchases and uses and disposes the goods and services is the consumer behavior. These are done for the satisfaction of their wants and needs. The main thing that is associated with the consumer behavior is the motivation and psychology of the purchasing person.

It deals with the activities of the consumers in purchasing a particular product or services and the motivations that is responsible for that selection of the product. The consumer behaviors can be classified as habitual buying,complex buying variety-seeking buying and dissonance-reducing buying.

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4 years ago

What do Rational decision makers use to make economic decisions?

valentinak56 [21]

Answer:

correct is

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3 years ago

Quincy listed his assets and liabilities. cash rent stocks jewelry student loan utilities which are quincy’s assets? select thre

Mandarinka [93]

The three choices that are declared as Quincy's assets are cash, stocks, and jewelry.

<h3>What are assets?</h3>

Assets are items or properties that you own, and that is valuable to you. Liabilities are things that you have to pay for as a result of you using something.

So, having that in mind, Quincy's liabilities are rent, student loans, and utilities, whereas his assets are cash, stocks, and jewelry.

He gets cash when he finishes his work, he gets money from stocks, and he has the jewelry that he either bought or got as a gift that he can sell for money.

To learn more about Quincy's assets, refer below

brainly.com/question/3004501

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3 years ago

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