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
Stella [2.4K]
3 years ago
5

Which economic term describes a situation where one company controls all the means of production of a product and can set its ow

n price?
History
2 answers:
LenaWriter [7]3 years ago
5 0
It would be the term "monopoly" that describes a situation where one company controls all the means of production of a product and can set its own price--these are outlawed in the United States. 
denis-greek [22]3 years ago
4 0
Monopoly describes a situation where one company controls all the means of production of a product and can set its own price
You might be interested in
What concerns did the United States have about Iraq?
WITCHER [35]

Answer:

The right choce is:

It feared Iraq possessed weapons of mass destruction.

Explanation:

The George W. Bush administration´s main reason for justifying the invasion of Iraq in 2003 was the assumption that the Saddam Hussein´s dictatorship still possessed weapons of mass destruction (chemical weapons), having failed its international obligations to destroy them after the First Gulf War. 9/11 was a very recent event and it was feared those materials could get in the hands of terrorists, according to the line of the US government. After the brief war against the Iraqi army, the US army failed to find those weapons  in the regime´s stockpiles.

8 0
3 years ago
ជាងកាត<br> 5. Tumutukoy sa<br> pangkat ng mga tao sa<br> isang bansa.
skelet666 [1.2K]

Answer:

Pangkat Etnolingguwistiko is the correct answer.

Explanation:

7 0
3 years ago
What primarily caused Russians in the 1980s to fear that the Soviet Union would collapse?
Murrr4er [49]

Answer:

D.) Changes were occurring too rapidly

Explanation:

The conversion of the world's largest economy controlled by a state into a market-oriented economy has been extraordinarily complicated. The policies chosen for this difficult transition were liberalization, stabilization and privatization. These policies were based on the neoliberal "Washington Consensus" of the IMF, the World Bank and the United States Department of the Treasury.

The liberalization and stabilization programs were designed by Yeltsin Deputy Prime Minister Yegor Gaidar, a 35-year-old liberal economist bent on radical reform and well known as a "shock therapy" advocate. The shock therapy began days after the dissolution of the Soviet Union, when on January 2, 1992 the president of Russia Boris Yeltsin ordered the liberalization of foreign trade, prices and currency. This meant the elimination of price controls of the Soviet era in order to attract goods to empty Russian reserves. The legal barriers of the private market and manufacturing were removed, and subsidies for state farms and industries were cut while foreign imports were allowed on the Russian market, thus trying to put an end to the power of the state owner of local monopolies.

7 0
4 years ago
Read 2 more answers
What precedents did George Washington's presidency set?
svetoff [14.1K]

Answer:

George Washington established precedents for the executive office that have since become customary practice. Washington is responsible for establishing the tradition of the inaugural address and the cabinet system, neither prescribed by the Constitution.

Explanation:

7 0
3 years ago
What did the Anti-Federalists feel would make the Constitution better?
GaryK [48]

Answer:The Anti- Federalists claimed the Constitution gave the central government too much power, and without a Bill of Rights the people would be at risk of oppression.

Explanation:

7 0
3 years ago
Other questions:
  • What does the policy of détente mean?
    6·2 answers
  • World history is the story of human choices that link the past to the present and influence the .
    10·2 answers
  • What is a plebeian and how are they significant to greek culture
    10·1 answer
  • During World War 2, which of the following was an Axis nation?
    5·2 answers
  • PLEASE HELP 20 POINTS I WILL GIVE BRAINLIEST Which service is provided by the government as a public good?
    10·1 answer
  • What was the purpose of the Lend-Lease Act?
    11·2 answers
  • After learning a little about Booker T. Washington and the ideas he lived by, what ideas/values do you think are most important?
    9·1 answer
  • How did humans adapt to the conditions of the last Ice Age? Select the three correct answers.
    5·2 answers
  • At the convention, who was the leading candidate for the Democratic nomination for president? George Wallace Hubert Humphrey Rob
    7·1 answer
  • Describe the beliefs of Americans regarding the world's economic growth.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!