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fomenos
3 years ago
8

A market economy is also called a ______________________ economy? Question 4 options: mixed planned traditional free market\

Geography
2 answers:
Serhud [2]3 years ago
7 0
A Market Economy is also called a
‘Free Market’
lianna [129]3 years ago
6 0

<u>Answer:</u>

A market economy is also called a free market economy.

<u> Explanation:</u>

The market economy is known as free market economy or true free enterprise if there is a limited role of the external government in the same and the economy is mainly determined and regulated by the supplies and demands.

The allocation of resources is not made by the government but by the individuals who decide what and how much to produce, what to charge for their products and how much their employees are to be paid.

It is characterized by self-regulation and self-adjustment. The producers can sell their products in any market of their choice and the buyers are more than free to purchase whatever meets their demands, wishes, and convenience. This system is known to make the best and most efficient use of its resources.

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The term empire is best defined as
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A batch of countries or colonies ruled by emperors, duke or a duchess.

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6 0
3 years ago
Peru touches both the Atlantic and the Pacific Ocean true or false?
stiv31 [10]
False. Peru touches the North Pacific Ocean.
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3 years ago
Where is los Angela's California on a longitude and latitude map​
Dvinal [7]

Answer:

I believe it is.. 34.0522° N, 118.2437° W  , if my memory serves me right.

Explanation:

3 0
3 years ago
Read 2 more answers
Which statement BEST explains why a citizen would participate in an interest group rather than a political party?
Fofino [41]

c

Explanation:

the answer is c hhhhhhhhhh

4 0
2 years ago
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why does economic development continue even when the resources on which it was based are no longer available​
yulyashka [42]

Economic development is able to continue in the absence of the resources that first drove it because:

  • Countries can trade to get the resources
  • Economic development allows for diversification

When a nation is unable to access the resources that made it quite successful, it can resort to buying that resource and then improving on it.

For instance, the U.K. used to produce sufficient coal but now import more than they produce.

Another way a nation can continue developing is diversification. The income gained from the resource that has now finished, will enable a nation to go into other economic activities which will continue their development.

For example, China used to export only agricultural goods but diversified into industrial.

In conclusion, a country can keep developing if their primary resource is finished thanks to trade and diversification.

<em>Find out more at brainly.com/question/16066506.</em>

6 0
2 years ago
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