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3 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]3 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]3 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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Supply-side policies have proven that smaller government makes the economy more efficient. Select one: True False

scoundrel [369]

Answer:

The given statement is "False".

Explanation:

Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake.
Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.

3 0

3 years ago

n mid-2017, an article in the Wall Street Journal noted that: "The Federal Reserve's interest-rate increases aren't having

telo118 [61]

Answer:

Explanation:

When Congress enacted the Federal Reserve Act in 1913, they stated the FED's mandates:

promote maximum employment
promote stable price

The FED's main objective is to conduct monetary policy in order to stabilize the economy and promote economic growth.

By stabilizing the economy the FED will lower inflation rate, therefore stabilizing prices. When the FED promotes economic growth, the unemployment rate should decrease, hopefully reaching a full employment.

7 0

3 years ago

Shawn Company had 130 units in beginning inventory at a total cost of $13,650. The company purchased 260 units at a total cost o

Katarina [22]

Answer:

FIFO

cost of the ending inventory = $15,680

cost of goods sold = $39,570

LIFO

cost of the ending inventory = $10,290

cost of goods sold = $44,960

Average Cost Method

cost of the ending inventory = $13,883.37

cost of goods sold = $41,336.76

Explanation:

The cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost are calculated as follows :

Step 1 : Determine the Number of units sold

Number of units sold = Total units available for sale - Ending units

= 390 units - 98 units

= 292 units

Step 2 : Determine the Number of units in inventory

Number of units in inventory = 98 units (given)

Step 3 : Use the appropriate principles to calculate required values

FIFO

cost of the ending inventory = 98 x $160 = $15,680

cost of goods sold = 130 units x $105 + 162 units x $160 = $39,570

LIFO

cost of the ending inventory = 98 x $105 = $10,290

cost of goods sold = 260 units x $160 + 32 units x $105 = $44,960

Average Cost Method

Unit Cost = ($13,650 + $41,600) ÷ 390 units = $141.667

therefore,

cost of the ending inventory = 98 x $141.667 = $13,883.37

cost of goods sold = 292 units x $141.667 = $41,336.76

3 0

2 years ago

I want to know what is the correct thing to invest into

vladimir1956 [14]

Answer:

Roth ira

Explanation:

Because you are sort of young, you should invest into a roth ira, because there are retirement tax breaks put on it, plus in an smp 500 account it will grow with the market at about 8% interest per year on average. this is good, because it is pretty much guaranteed growth. that will double the amount of money for 5 or 6 times over creating a nice retirement fund for your old age, but honestly there are other strategies, this is just for sticking money in the ground and forgetting about it, letting it grow for you. low risk, and relatively high reward after a long period of time.

hope this helps

7 0

3 years ago

What side of the manufacturing overhead account is actual manufacturing overhead entered on?.

Ludmilka [50]

Applied overhead goes on the credit side of the Manufacturing overhead of $120,700 was applied to production using the company's predetermined overhead rate

8 0

2 years ago