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ddd [48]
3 years ago
13

Select the term that best matches the given definition. Each term in this section will be used only one time. Group of answer ch

oices individual business owners make economic decisions based on what consumers want [ Choose ] consumers, business owners, and government are all involved in decisions about the economy [ Choose ] government owns all property and businesses and makes the economic decisions for the nation [ Choose ]
Social Studies
1 answer:
Natali [406]3 years ago
8 0

Answer:

The correct answer is -

1. Market economy

2. Mixed economy

3. Command economy

Explanation:

A market economy is an economy where all three important questions that are What to produce? , How to produce? , and For whom to produce? is answered by the owner of the business owner according to the demand of consumers.

A Mixed economy is an economic system that is mixed with the command and market economy as the government also involve in the process to answer the questions.

In command economy government decides what how and for whom products will be produces and other decisions.

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What does this mean i need more information!
jok3333 [9.3K]
I would help, But I can't read the words. Sorry :-(
3 0
4 years ago
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Which group of colonist came to the colonies from england, under contract to work a certain number of years
musickatia [10]

There was a group of young european workers that came to America from early 17th to early 20th century. These inmigrants would get a contract to work for an american employer during a time period, usually between 1 to 7 years. They didn't get any wages for their work, the employer paid for their subsistance and their passage to the country, but that also meant that he could restrict some of their activities, they weren't completely free. After their contract expired, they were allowed to stay in the country and sometimes they would get a small parcel of land. They were called the Indentured servitude.

5 0
3 years ago
How many ships did the US lose?
Mariulka [41]

Answer:

1000 ships

Explanation:

The US lost nearly 1000 ships of all types in WW2 against the Germans and the Japanese.

5 0
3 years ago
Compare and contrast market economies, command economies, and mixed economies.
Leona [35]

Answer:

In mixed economies, the government has some control, while the rest is up to supply and demand. Command economies are characterized by large surpluses and shortages, monopolies, and prices set by the government. While a mixed economy combines free market with central government planning and intervention, a market economy relies purely on the free market (and the rules of supply and demand) to regulate the economy.

Explanation:

^^

I hope this helps!

5 0
4 years ago
In the ‘Art of War’ Sun Tzu emphasized the fluid nature of competitive situations and the need for the strategist to recognize a
Fittoniya [83]

Answer:

The Internet

Explanation:

The internet created the uncertainty due to its ability to massively improve the companies' position in the market and heavily damage it at the same time.

On one hand, internet made it  easier for companies to promote their products. They can reach consumers on far location with very little cost. This is extremely beneficial for the industries in general.

On the other hand, internet also make it easy for people or competitors to spread false information about the product. If its not managed properly , it will actually damage the company's reputation and will destroy its stream of revenue.

5 0
3 years ago
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