China is currently a socialist economic system. In view of china's explosive growth in supplying goods to the world China is becoming more of a market economic system.
Generally China is defined as a mixed economy market. But it is a planned economy with most of the characteristics of the market economic system under the trend of the globalization.
For example: China government planned to focus on electric cars and thus the same china did and for the cars which were produced in China and sold in China only were provided with the government subsidy.
However China government also plans for those things which it does not want to see in the market such as stopping corporations inside trade on stocks.
To know more about market economic system here:
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<span>i believe the answer is
D. Both A and C </span>
The method of GDP calculation that looks at the profits earned by business owners and the money paid for factors of production is the <u>Income approach</u>.
<h3>How is the income method of GDP used?</h3>
With the income method, the total amount that was paid for to access the factors of production is looked at.
This shows how much spending happened in the economy. The profits of entrepreneurs is also looked at as it is income earned, and not money spent on production.
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Answer: on edge it's B the right to attend classes at a school...
Explanation:
Answer:
Progression
Explanation:
Progression in real estate occurs when the property in a given area improves in value as a result of more expensive property bring built in the area.
This is one major way real estate appreciates in value. Some property owners wait for others to develop the area and naturally their own property appreciates in value.
In this scenario the developer buys the last five vacant lots in a subdivision and constructs a large, expensive home on each lot. The homes sell for what are record-setting high prices for the area.
