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nadya68 [22]
3 years ago
11

Why is the free enterprise system subject to business cycles?

Social Studies
1 answer:
Goshia [24]3 years ago
3 0

Explanation:

Why is the free enterprise system subject to business cycles? Because individuals and businesses acting in their own self-interest make economic decisions about factors such as prices, production, and consumption. ... It fixes prices for products.

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Explain two failures of economic planing in india ?
7nadin3 [17]

Price level rose on average by 63 percent in second plan, 5.8% in third plan, 9% in fourth plan, 6.3% in fifth plan, 3.6 percent in Ninth plan and 4% in 2004-05. Furthermore, the plan witnessed only increase in inequality. Rich Class becomes richer and poor class poorer. This inequality is found not only in industrial sector but in agriculture sector also. According to one estimate, 3 percent of household own roughly 50 percent of cultivable land. Hope this helps and if your feeling generous, leave a rate, thanks, and brainliest. ;)


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Serhud [2]

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3 years ago
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finlep [7]

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muminat

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