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kipiarov [429]
3 years ago
15

What are the weak points,or economic costs, that are part of a free enterprise economy

Social Studies
2 answers:
elena-s [515]3 years ago
4 0
Https://www.coursehero.com/tutors-problems/Economics/9759499-analyzing-what-are-the-weak-points-or-e... 

This should help you out
Oksanka [162]3 years ago
4 0

From this point of view, particular economic systems have been described as "free economy" even when the state intervenes in the economy, provided that this intervention is within certain limits. Thus, the terms capitalism, free market economy and mixed economy are, from this perspective, practically interchangeable terms

Internationally, since the 70s of the 20th century, the promotion - at different levels of enthusiasm and commitment - of a global free trade economy, deregulation, the privatization of public enterprises and the reduction of social spending reappears in the panorama, measures that some they call, sometimes improperly, neoliberalism.

For the general proposal, the function of a government is arguable. Ideally, the use of force or coercive power of the state in the market is limited to protecting market participants from coercion and / or third party abuses, including protection of property rights and contract enforcement. However, exactly what is meant by abuses is open to interpretation. For example, for Adam Smith, negative externalities cause some to transfer to others at least part of the cost of their activities, thus obtaining extra personal benefits, while positive externalities enable the acquisition of benefits without contributing (see problem of the stowaway). According to Smith, this and other similar problems require the existence of an organism (the State) that can solve them, which in turn implies a certain degree of state intervention.

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Labeling theory is considered a sub-theory of the __________ perspective.
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According to the theory of plate tectonics, how do two plates interact to form chains of islands called island arcs
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Which priciple suggest that the demand for money should increase as prices increase?
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The​ real-nominal principle suggest that the demand for money should increase as prices increase.

There are five fundamental standards of economics that specify the way our global handles money and decides which investments are worthwhile and which ones are not: possibility price, marginal precept, regulation of diminishing returns, principle of voluntary returns and real/nominal principle.

A basic guiding principle of macroeconomics and monetary economics is the difference among nominal variables and real variables. Nominal variables are expressed in modern-day market expenses. real variables are adjusted to reflect the changing purchasing strength of cash over time.

The definition of nominal is something that has nearly no price or some thing that exists in call only. An instance of nominal is while someone in a court docket case is minimal damages of best $1 because he turned into wronged however did not sincerely go through any damage. adjective.

Learn more about  real-nominal principle here:- brainly.com/question/735261

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Is it possible to make generalizations about the people of China based on where they live? Explain.
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Explanation : in communist country , the government is the one that choose the jobs for the people, so we can make that general statement
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3 years ago
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