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
jarptica [38.1K]
3 years ago
14

Which group typically predicts trends in industry based on patterns?

Social Studies
2 answers:
ArbitrLikvidat [17]3 years ago
7 0
The choices can be found elsewhere and as follows:

Consumers 
<span>economists 
producers 
shippers
</span>
I believe the correct answer from the choices is the second option. It would be economists that typically <span>predict trends in industry based on patterns. Hope this answers the question. Have a nice day.</span>
andrezito [222]3 years ago
3 0

I believe the answer is: Economist


In their job, economists would evaluate several factors that might influence the trends in industry. In order to do this, their job desk would include things such as collecting data from the market, provide data analysis, create a model for future projections, and monitor the projection to see if its correct.

You might be interested in
Which of the following is a conclusion of a survey on White attitudes toward African Americans? Select one: a. a. Less progress
pychu [463]

The answer is:  c. There has been a growing reluctance by Whites for integration, interracial dating, and having members of minority groups attain political office

In the 1950s, American people were in a transitional phase in term of their perception toward African American. Ever since the 17th century, Black people were never seen as equal in American society.

So after the abolishment, many of American people still can't fully accept the fact that Black people are equal to them and the fact that the power in society have to be shifted. This lead to the growing reluctance in integration, interracial dating, and having members of minority groups attain political office

7 0
3 years ago
Describe three aspects of a free market economy.
NeX [460]
A market economy is a type of economic system where supply and demand regulate the economy, rather than government intervention. A true free market economy is an economy in which all resources are owned by individuals. The decisions about the allocation of those resources are made by individuals without government intervention. There are no completely "free-enterprise" or market economies. The United States has more characteristics of a market economy than a command economy, where a government controls the market. In a market economy, the producer gets to decide what to produce, how much to produce, what to charge customers for those goods, and what to pay employees. These decisions in a free-market economy are influenced by the pressures of competition, supply, and demand.
 
2     One of the most important characteristics of a market economy, also called a free enterprise economy, is the role of a limited government. Most economic decisions are made by buyers and sellers, not the government. A competitive market economy promotes the efficient use of its resources. It is a self-regulating and self-adjusting economy. No significant economic role for government is necessary. However, a number of limitations and undesirable outcomes associated with the market system result in an active, but limited economic role for government.
 
3     In a market economy, almost everything is owned by individuals and private businesses- not by the government. Natural and capital resources like equipment and buildings are not government-owned. The goods and services produced in the economy are privately owned. This private ownership, combined with the freedom to negotiate legally binding contracts, permits people to obtain and use resources as they choose.
 
4     A market economy has freedom of choice and free enterprise. Private entrepreneurs are free to get and use resources and use them to produce goods and services. They are free to sell these goods and services in markets of their choice. Consumers are free to buy the goods and services that best fill their wants and needs. Workers are free to seek any jobs for which they are qualified.
 
5     A market economy is driven by the motive of self-interest. Consumers have the motive of trying to get the greatest benefits from their budgets. Entrepreneurs try to get the highest profits for their businesses. Workers try to get the highest possible wages and salaries. Owners of capital resources try to get the highest possible prices from the rent or sale of their resources. This "invisible hand" of self-interest is the driving force of a market economy.
 
6     Competition is another important characteristic of a market economy. Instead of government regulation, competition limits abuse of economic power by one business or individual against another. Each competitor tries to further his own self-interest. This economic rivalry means that buyers and sellers are free to enter or leave any market. It also means that buyers and sellers are acting independently in the marketplace. When businesses compete for customers, they want to sell their goods or services at the lowest possible price while still earning a profit for themselves. Consumers compete for goods and services. If the supply of a needed good or service is low, the consumer must pay a higher price. Consumers must compete to get goods or services by paying more or going out of their way to buy the products they need or want.
 
7     A system of markets and prices working together are the structure of a market economy, not the central planning by government. A market brings buyers and sellers together. The wants of buyers and sellers are registered on the supply and demand sides of various markets. The outcome of these choices is a system of product and resource prices. Prices are the guideposts on which buyers and sellers make and revise their free choices in furthering their self-interests.
4 0
3 years ago
Read 2 more answers
What are some reasons that you would want to sign the declaration?
Brrunno [24]

Answer:so my name can go down in history

Explanation:

5 0
3 years ago
Outsourced jobs are common in trade, service, and __________ industries.
andrew-mc [135]

Answer:D

Explanation:

6 0
4 years ago
Read 2 more answers
In the 1790s, despite a lack of specific constitutional authority to do so, Congress chartered a national bank, arguing that the
GrogVix [38]

Answer:

In the 1790s, despite a lack of specific constitutional authority to do so, Congress chartered a national bank, arguing that the institution was necessary to regulate the value of currency. The chartering of a national bank was therefore an example of an implied power.

Explanation:

Implied powers are political powers that are not explicitly explained in the United States Constitution but are granted to the government. The term was widely used in Ireland around the mid 1780s, meaning it is highly possible that the United States was not the first nation making use of such power. It came into play in America in the creation of the First Bank of the United States. This bank would be in charge of the war debt of the American Revolution and would standardize the currency of the recently independent nation.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Compare and contrast the six geographic regions of Arkansas
    11·2 answers
  • Pls help. Thank you.
    8·1 answer
  • Which of the following is the definition of government expenditures?
    5·1 answer
  • A group of words that does not have a subject and verb and is employed as a part of a sentence is ?
    9·1 answer
  • Which of the following was the fast growing social class in antebellum america?
    15·2 answers
  • Why was ending segregation so difficult
    11·2 answers
  • Who is abraham darby
    6·1 answer
  • What advantages do you think the iroquois gained by establishing for the constitution
    13·1 answer
  • Research conducted on homographs (e.g., bat or minute) in lexical decision tasks predicts that you are likely to?
    12·1 answer
  • which collective task proficiency rating is basic task proficiency with shortcomings that may require significant training for t
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!