The completion of the sentences include the following:
- The classical economic concept of invisible hand can be seen.
- The economic events of Country Y demonstrate the idea of laissez faire because the government did not intervene in economic events.
<h3>What is Classical economy?</h3>
This type of economy originated in the late 18th and early 19th century and focused on economic growth and freedom and advocated for laissez faire.
The appropriate drop menu to complete the sentence can however be seen above.
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Answer:
John Wesley Powell was known as an American explorer, geologist, and ethnologist
i hope these are the answers you are looking for
Explanation:
Answer:
List answers then I could answer your question
Explanation:
Answer: Competitive Strategy
Explanation:
Competitive Strategy is a long term strategy put in place by a business that could give them competitive advantage over their rival industry through evaluating their strength and taking advantage of their area of weaknesses.
This strategy is most beneficial when a company finds it self in a very competitive market saturated with substitute goods and product competing for customers. In a competitive market it might be very difficult for a business to survive without having a well structured competitive strategy in place.
There are four types of Competitive Strategy.
• Differentiation
•Product leadership.
•Cost leadership.
•Operation excellence.