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Zielflug [23.3K]
3 years ago
8

Two traditional economies are trying to industrialize. The leaders of the first favor a command economic system. The leaders of

the second want to try more free market-based policies. What actions would likely occur in one but not the other industrializing economy?
Business
1 answer:
attashe74 [19]3 years ago
8 0

Answer:

In the country that promotes free-market economy is expected to start seeing firms arriving in this country and invest in those activities where this country has a comparative advantage.

Explanation:

This would lead to an efficient allocation of productive resources taking the economy to optimum production. The technology and tools will rapidly spread, and the industrialization process will be achieved. In the other country, investment and technology implementation is lead by the government allocating resources inefficiently and delaying industrialization.

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The evidence of debt and personal promise to repay that debt is called
xz_007 [3.2K]
This evidence will be called 'Note'
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3 years ago
Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each
Ray Of Light [21]

Answer:

Explanation:

Ordinary Annuity = Investment * PVAF(Interest, number of years)

Ordinary Annuity = $710 * PVAF(4%,5 years)

=$710 * 4.4518

=$3160.79

4 0
3 years ago
The WBS is best suited for design and construction projects that have tangible outcomes. When the final outcome of the project i
UNO [17]

Answer:

Process Breakdown Structure (PBS)

Explanation:

Since in the question it is mentioned that WBS should be best suited for design & construction projects so there is tangible results

now if the final result should be lower tangible so here the project manager should select the project breakdown structure as the process of the project should be driven via requirement of the performance but not with the plans or the blueprints

7 0
3 years ago
For the U.S. soft drink market, of the 300 million people in the U.S., 80% of the population is the maximum number of consuming
neonofarm [45]

Answer:

Annual market potential = $85,848 millions

Explanation:

The annual market potential is the expected sales value for the soft drink product  for a year should the maximum number of potential consumers purchase the product at the average price.

Annual market potential = Average price × No of consuming unit × consumption rate per annum

Maximum number of consuming unit = 80%× 300 million =240 million

Consumption rate per buyer per annum = 365

Average price = $0.98

Annual market potential ($) = 0.98× 240× 365 =$85,848 millions

Annual market potential = $85,848 millions

6 0
3 years ago
Mary worked on the assembly line at an automobile assembly plant. People weren't buying as many cars, and she was laid off. How
ahrayia [7]

We will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.

Basically, the cyclical unemployment is the unemployment experience as a result of economic upturn and downturn.

The cyclical type of unemployment are mostly experienced during economic recessions.

It is obvious that people were not buying as many cars because of economic downturn.

Therefore, in conclusion, we will classify Mary as been cyclically unemployed because she is unemployed due to the economic downturn.

Learn more about this here

<em>brainly.com/question/8865266</em>

7 0
3 years ago
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