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3 years ago

When compared to a mixed-market economy, a command economy typically has

Business

2 answers:

Alex787 [66]3 years ago

4 0

Correct answer choice is:

<h2>B. more government control over production.</h2><h3>Explanation:</h3>

A command economy is a regularity where the government, rather than the free market, decide what assets should be manufactured, how enormously should be manufactured and the amount at which the assets are allowed for trade. It also fixes finances and interests. The command economy is a fundamental characteristic of a communist nation.

<h2 />

ASHA 777 [7]3 years ago

3 0

When compared to a mixed-market economy, a command economy typically <u>has more government control over production</u>.

A command economy is a type of an economy system in which centralized government has bigger control over the economic system.
Mixed market economy is a type of economy that free of government interference with exceptions of crucial sectors such as defense and transport.

<h2>Further Explanation:</h2>

Economic system of a country refers to the manner in which resources that are scarce are distributed within the economy of that country.

<h3>Command economy </h3>

This is a type of economy in which a centralized power controls the bigger part of the economic system.
This type of economy creates a healthy supply of resources and rewards to people at prices that are affordable. Critical utilities such as aviation, railroads, etc. are owned by the government.
Therefore, personal ownership of property is prohibited in this type of economy.

<h3>Mixed-market economic system </h3>

It is a combination of command economic system and market economy.
The market in this case is less free of government interference with the exceptions of crucial areas such as defense and transport.
This type of economic system incorporates capitalist and socialist policies.

<h3>Other types of economy system</h3><h3>Market Economic system </h3>

This is a free market economy in which households and firms determine how resources are allocated and what goods are produced and who the buyers are.
There is a separation of the government and the market which prevents the government from becoming too powerful.

<h3>Traditional economic system </h3>

It is a type of economic system where a surplus is rare since each member has a more specific role. They system is closely associated to land through farming.
These type of economic system or societies are socially satisfied. However, this type of economic system lack access to technology and medicine.

Keywords: Economic system, Command economy, mixed market economy

<h3>Learn about</h3>

Economic system: brainly.com/question/11008356
Function of economic system: brainly.com/question/11008356

Command economy: brainly.com/question/11008356
Mixed market economy: brainly.com/question/11008356

Level; High school:

Subject: History

Topic: Economic system

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gogolik [260]

The statement mentioned above regarding manufacturing in the United States is true.

<h3>What is manufacturing?</h3>

Manufacturing refers to the changing or conversion of the raw material into finished products and deliver it to the customers directly or indirectly. The manufacture of the products in order to maximize their profits and satisfy the needs of the customers.

More young individuals entering the industrial industry could have a significant impact on the manufacturing growth in the United States. Young people use their creativity and knowledge to increase the production.

The number of people has increased in manufacturing sectors. Therefore, it can be concluded that the statement mentioned above is true.

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1 year ago

On January 1, 2014, Borstad Company purchased equipment for $1,180,000. It is depreciating the equipment over 25 years using the

bezimeni [28]

Answer:

Explanation:

a)Purchase cost - 1,180,000

Useful life - 25

Annual depreciation = 47,200

Timeline - Jan 1 , 2014 - 2019 = 6 years

Accumulated depreciation = 47200*6=283,200

Carrying value at 2019 = (1,180,000 - 283,200)= 896,800

B) Annual cash flow - 400,000

Annual cash outflow - (295,000)

Net cash inflow= 105,000

Net cash flow for 8 years = 105000*8 = 840000

Since the net cash inflow is less than the carrying value , there is an impairment.

PV value of the net cash inflow at 12% discount for 8 years = 521,602

Impairment loss = $375,198

At December 21.2019

2.) Debit impairment loss - $375,198

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2 years ago

What does the term "judgment-proof" imply about a debtor? A. He/she has defaulted on a mortgage B. He/she has not property subje

Ierofanga [76]

Answer:

He/She has no property subject to execution.

Explanation:

It is description of a person who doesn't have the assets for the creditor to seize when the court order requires the debt repayment. A broke and unemployed person is judgement proof. The debtor having few legally protected assets and income is also judgement proof. Judgment proof is also called the collection proof and is not permanent. The judgement are valid for many years, the creditors continue to collect whatever the judgement allows even after they have won a lawsuit against a delinquent customer.

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2 years ago

Depreciation of noncurrent operating assets is an accounting process for the purpose of?

klasskru [66]

Noncurrent Operating Asset Depreciation is a procedure used in accounting to reflect declining asset values on the balance sheet.

A tangible item's cost can be spread out over the period of its useful life using the accounting approach of depreciation. Depreciation indicates how much of an asset's worth has been expended. It makes it possible for companies to buy assets over a predetermined period of time and profit from those assets. The immediate cost of ownership is greatly lowered because businesses do not have to fully account for them in the year the assets are purchased. A company's profits can be significantly impacted by not accounting for depreciation. Long-term assets can also be depreciated by businesses for tax and accounting reasons.

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1 year ago

When the expected rate of inflation is higher than the actual rate of inflation, wealth is: A. not redistributed at all. B. redi

Gemiola [76]

Answer:

D. redistributed from borrowers to lenders.

Explanation:

The inflation is the increase of the price levels of the goods and the services in the economy for a long time and shows a reduction in the purchasing power, a common measure is the price index.

Very high rates of inflation are caused by the massive growth of the money supply the expected rate of inflation of wealth is measured by the distribution of the wealth of the borrowers to the lenders that create hoardings of prices and fluctuations in the real demands.

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3 years ago