1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hammer [34]
3 years ago
12

Which economic system does the best job of balancing freedom and social equality? Include the economic system and a thesis state

ment with a position statement too. Please if answer correct you will get an amazon promo code gift card number i have it ready!
Geography
1 answer:
Luda [366]3 years ago
4 0
Political economy is the study of how the relationship between politics and economics shapes the balance of freedom and equality. States use several institutions to achieve their economic goals.

Critical to any economy are markets—the interactions between the forces of supply and demand, or how goods are services are exchanged. Another critical component of an economy is property—the ownership of those goods and services.

All states provide some measure of public goods—those services or goods that no one person or organization can own. States differ greatly in what they define as a public good, though national defense and public education are often seen as public goods. Social expenditures—the state’s spending on public benefits—incites furious debates over who benefits from, and pays for, public goods. One major source of public funding—and public debate—is taxation.

One basic way states seek to control the economy is through the creation and management of money. To manage money, states may rely on a central bank, a state institution that controls the flow money and how much it costs to borrow money in that economy. A central bank tries to reduce both inflation (when prices rise because there is too much money and not enough goods) and deflation (when prices drop because there is too little money and too many goods).

Many economic debates focus on regulations—the rules that the state sets to manage the production and exchange of goods or services. Trade is often a focus of regulation, where the state uses tariffs (taxes on imported goods), quotas, and other nontariff regulatory barriers (health, packaging, and other restrictions that make it more difficult for goods to be traded) to help its economy.

You might be interested in
Where do most of the worlds population tend to settle
STALIN [3.7K]

Answer:

Most of the world tend to settle near coasts.

3 0
3 years ago
The asthenosphere and lithosphere are parts of Earth’s
mixer [17]
D. Atmosphere is the court correct answer.
4 0
3 years ago
How can wind erosion be prevented? Select all that apply.
miss Akunina [59]

Answer:

a

Explanation:

planting vegetation barriers

6 0
2 years ago
How could interspecific competition lead to evolutionary change?
____ [38]

\huge{\green}\fcolorbox{blue}{cyan}{\bf{\underline{\red{\color{red}Answer}}}}

  • When two species compete for the same limiting resource the reduction of the niche overlap may lead to evolutionary changes in both species.
  • Alternatively the competitively dominant species does not change and is maybe even able to expand its niche, and thus reduces niche space available for the other species.
8 0
2 years ago
Name two modern technologies that help us to monitor cyclones.
satela [25.4K]
Weather Radars and Satellites are used to track the cyclones as they are produced.
8 0
3 years ago
Other questions:
  • Why are there so many alligators in florida?
    10·1 answer
  • Straits, estuaries, and gulfs are all examples of __________.
    13·2 answers
  • The mid-atlantic ridge and the east pacific rise are examples of
    9·1 answer
  • The yellow line lies along the contact between sandstone (on the left) and reddish mudstone (on the right). The red arrows point
    6·1 answer
  • Help pls help pls help plzzzzzzzzzzzzzzz thank you so much for help me with this thing
    7·1 answer
  • Which description refers to cirrus clouds?
    12·2 answers
  • 3
    9·1 answer
  • Which photo shows evidence of an area of rock that has been stretched by movements of earth’s crust?
    13·1 answer
  • If Country A is an agricultural country and Country B has many cities and factories, it would make sense for
    10·2 answers
  • What are the smooth, rounded areas of rock that are formed when lava reacts with cold seawater?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!