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4 years ago

What factors caused american business to develop into a mixed economic system rather than some other type of economic system?

Business

2 answers:

Anna [14]4 years ago

4 0

Answer:

The Great Depression

Explanation:

The shrinking size of the globe, the intervention of foreign competition, the Great Depression, World Wars I and II, and the ever-increasing age of our population (among other factors) have contributed to our mixed economic system.

Ksivusya [100]4 years ago

3 0

The economic system in the USA is rooted in the Laissez-Faire capitalism of Adam Smith. However, the real-world setting in the US is not as Laissez-Faire as Smith would have liked because the government greatly participates as more than umpire and rule maker. The government take part in American Business by way of resource or product markets, interest, and especially taxes which results in making the American business progressed into a mixed economy, showing both elements of capitalism and socialism.

Other factors such as foreign competition, the Great Depression, World Wars I and II, and the increasing age of population have also contributed to the mixed economic system.

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Marvin company negotiated the purchase of a new building for $250,000. Marvin paid a $100,000 down payment and will pay off the

BARSIC [14]

In the given transaction Marvin Company has purchased a new building for $250,000. Marvin paid a $100,000 down payment and will pay off the remainder over seven years it means the balance (250000-100000) = 150,000 is a liability for Marvin company.

So there is an Increase in the asset by $250,000 due to purchase of the building and there is a decrease in assets by $100,000 due to the payment of cash. Hence the Net increase in the assets is (250,000-100,000) = $150,000.

And there is an increase in the liabilities by $150,000.

Hence the correct answer is:

d. $150,000 net increase in assets and $150,000 increase in liabilities

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3 years ago

Identify the type of adjustment that would most likely be needed. Business B purchased a piece of equipment to be used in operat

Deffense [45]

Answer: c . Depreciation

Explanation:

When accounting for fixed assets, it is important that they are recorded at their book value to reflect the effects of being utilized. This means that depreciation needs to be charged on fixed assets.

Even though the equipment in question was only purchased 2.5 months prior to the financial reports being made, depreciation still needs to be accounted for such that the equipment is represented at its book value in the financial statement.

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3 years ago

What are the three factors which make an acceptable medium of exchange?

NNADVOKAT [17]

- equal

- value

- legality

Please vote my answer branliest! Thanks.

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3 years ago

When preparing a speech introduction, you should usually?

Scrat [10]

When preparing a speech introduction, you should usually preview the main points to be discussed in the body, gain the attention and interest of your audience, and establish your credibility on the speech topic. This means that the correct answer is all of the above.
It is important that your introduction is interesting, presents everything you want to talk about, and convinces your audience why they should believe you.

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4 years ago

Which of the following statements about marketing is true?

horsena [70]

The most accurate statement about marketing is that B) It can help create jobs in the economy by increasing demand for goods and services.

Marketing refers to the various methods a company is able to advertise itself and its products such that more people will becoming interested in it thereby leading to an increase in demand for their goods and services

If this happens to a company, they will be able to make more profit which will allow them to expand. Expansion needs more employees to work so the company will have to hire more people thereby creating jobs in the economy.

Other options are wrong because:

Marketing is always important, even when goods are standardized
Marketing has an impact on the intangible assets of a company especially goodwill
Marketing is more important to smaller firms than larger ones

In conclusion, marketing leads to increased employment in an economy.

Find out more at brainly.com/question/19485755.

Options for this question include:

A) It is of little importance when products are standardized.

B) It can help create jobs in the economy by increasing demand for goods and services.

C) It helps to build a loyal customer base but has no impact on a firm's intangible assets.

D) It is more important for bigger organizations than smaller ones.

5 0

3 years ago