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zhuklara [117]
2 years ago
15

the biggest advantage of capitalism is that a. ​it generates wealth with the help of government intervention b. ​it creates weal

th by letting a person follow his or her own self-interest c. ​it forces involuntary exchanges d. ​prices hinder in moving assets from high-value to low-value uses
Business
1 answer:
Julli [10]2 years ago
3 0

The biggest advantage of capitalism is that ​it creates wealth by letting a person follow his or her own self-interest.

What is capitalism?

An economic system that relies on private ownership of the tools of production and their use for profit is known as capitalism. Wealth creation, market mechanisms, the pricing system, private property, the recognition of property rights, voluntary exchange, and wage labor are key aspects of capitalism.

Therefore,

The biggest advantage of capitalism is that ​it creates wealth by letting a person follow his or her own self-interest.

To learn more about capitalism from the given link:

brainly.com/question/25879591

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Answer:

"Anna" golden apple

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A ____, also called a SWOT analysis for strengths, weaknesses, opportunities, and threats, is an assessment of the strengths and
olga_2 [115]

Answer: The answer is SITUATIONAL ANALYSIS

Explanation: A SITUATIONAL ANALYSIS is the gathering of methods to analyse the internal and external factors of a business inoder to get a clear picture of the business environment.

A situational analysis is also called a SWOT analysis that measures the strengths, weaknesses, opportunities and threats.

3 0
3 years ago
Read 2 more answers
The following information was used by the Long Corporation to prepare a cash budget for April: Cash balance beginning of April $
olya-2409 [2.1K]

Answer:

The budgeted ending balance of cash for the month of April is $36,000

Explanation:

Ending balance of cash = Cash balance at beginning of April + Expected cash receipt - (Salary paid + Material purchases + Other expenses)

= $16,000 + $272,000 - ($62,000 + $94,000 + $96,000)

= $288,000 - $252,000

= $36,000

Note: Depreciation is non- cash expense so it will not be considered while computing the cash balance at the end of the month.

3 0
4 years ago
Novak Corporation reported the following for 2020: net sales $1,208,000, cost of goods sold $731,100, selling and administrative
icang [17]

Answer:

The answer is given below;

Explanation:

Sales                                             $1,208,000

Less:Cost of goods sold               ($731,100)

Gross Profit                                     $476,900

Less:Selling and Admin Expenses ($336,800)

Net Profit                                          $140,100

Add:Unrealized holding gain            $24,300

Comprehensive Income                    $164,400

5 0
3 years ago
the cheap foreign ______ argument says that trade protection is required to ensure that cheap imports do not flood u.s. markets,
GalinKa [24]

The cheap foreign Labour argument says that trade protection is required to ensure that cheap imports do not flood u.s. markets, dragging down prices of goods and u.s. wages. This is further explained below.

<h3>What is foreign Labour?</h3>

Generally, Those who work in a nation other than their own but have no intention of permanently relocating there are considered foreign workers since they do not have citizenship in the country where they are employed.

In conclusion,  The idea that trade protection is needed because of cheap imports flooding the market and driving down prices and U.S. wages is known as the "cheap foreign labor" argument. More detail about this is provided below.

Read more about Labour

brainly.com/question/14643266

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8 0
2 years ago
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