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WINSTONCH [101]
4 years ago
12

Explain why private ownership is a positive aspect of economic system

Business
1 answer:
uysha [10]4 years ago
3 0

Answer:

Private property and protection of property rights are important because it helps the economy deal with the issue of resource scarcity by ensuring its use is controlled through ownership. The private owner of a resource is expected to act in their self-interest to develop products

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Following are financial statement numbers and ratios for CVS Health Corporation for the year ended December 31, 2016. Total reve
Irina18 [472]

$12,651 million is what I believe the answer is. I might be wrong though.

4 0
3 years ago
Is education a basic need for canadians
frosja888 [35]

Answer:yes

Explanation: education is important for any person in any country. well that not so true most third world country kids do not go to school they work doing hard labor and etc.

8 0
3 years ago
What are the two major feelings that must exist for great ledership to happen?What is the problem with these two major component
SOVA2 [1]

Answer:

Two feelings which are critical to the success of leadership are:

  1. Trust and
  2. Confidence

Explanation:

The leader must be able to give and receive trust.

The followers must trust that their leader knows where he is headed and they have to be confident that that destination will be in favour of the entire team.

The leader in delegating responsibilities must trust that those to whom those tasks have been given will be able to complete it. He or she must also trust that those he has as followers have his best interest as he or she does theirs.

Adapting these components in the workplace is not reliant on the leader. Everything rises and falls on leadership and that is the major problem.

The leader must first trust that the followers will trust their capability. He or she has to earn their trust and depose that trust in their capabilities as well.

Cheers!

8 0
3 years ago
Country with less than average progress in technology production and socio economic welfare
Brums [2.3K]
Countries that are in this state are measured according to the said three major areas. If it performs below the average, it means that the Gross National Product (GNP), Gross Domestic Product and Gross National Income are all low. The countries are categorized as Least Developed Countries (LDC's). The United Nations identified the following countries in Asia as LDC; Afghanistan, Bangladesh, Bhutan, Cambodia, East Timor, Laos, Myanmar Nepal and Yemen.
3 0
4 years ago
Based on the corporate valuation model, Bernile Inc.’s value of operations is $750 million. Its balance sheet shows $50 million
NemiM [27]

Answer:

$500 million

Explanation:

Assets - Liabilities

= $750 - ($50+$100+$200+$100)

= $750 million - $450 million

=$300 million

Common stock = $40 million, Retained earnings = $160 miillon

Equity = $160 + $40 + $300 = $500 million

So, best estimate for the firm’s value of equity is $500 million.

3 0
3 years ago
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