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2 years ago

What did economic liberalism stand for

Business

1 answer:

Juliette [100K]2 years ago

5 0

Answer:

Economic liberalism is a political and economic philosophy based on strong support for a market economy and private property in the means of production. Historically, economic liberalism arose in response to mercantilism and feudalism.

Explanation:

Economic liberalism is most often associated with support for free markets and private ownership of capital assets. It contrasts with protectionism because of its support for free trade and open markets. Historically, economic liberalism arose in response to mercantilism and feudalism. Today, economic liberalism is also generally considered to be opposed to non-capitalist economic systems, such as socialism and planned economies.

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2 years ago

Value can be increased by increasing perceived benefits while holding price or cost constant. Question 11 options: TRUE FALSE

skad [1K]

Answer:

True

Explanation:

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2 years ago

Which of the following describes the expected outcome of expansionary monetary policy in the short run?

Vaselesa [24]

Answer:

The correct answer is letter "A": higher employment, higher output, and a higher price level.

Explanation:

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2 years ago

Here are the comparative income statements of Ayayai Corp..

Georgia [21]

Answer:

Ayayai Corp.

Horizontal Analysis:

2020 Increase 2019

Net sales $632,600 $110,700 21.2% $521,900

Cost of goods sold 463,600 53,200 13.0% 410,400

Gross Profit 169,000 57,500 51.6% 111,500

Operating expenses 79,300 32,100 68.0% 47,200

Net income $ 89,700 25,400 39.5% $64,300

Explanation:

a) Data and Calculations:

AYAYAI CORP.

Comparative Income Statement For the Years Ended December 31

2020 2019

Net sales $632,600 $521,900

Cost of goods sold 463,600 410,400

Gross Profit 169,000 111,500

Operating expenses 79,300 47,200

Net income $ 89,700 $64,300

Percentage increase or decrease = (Increase/Decrease)/Base Year's Value

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2 years ago

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gulaghasi [49]

Answer:

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Explanation:

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2 years ago

What did economic liberalism stand for​

What did economic liberalism stand for