1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ANTONII [103]
2 years ago
6

The reading says that the relative ease with which entrepreneurs can enter and leave markets is a benefit of the free enterprise

system of the United States. Could the same statement be made about a country with a command economy? Why or why not? What implications does that have for the law of supply in that country?
Social Studies
1 answer:
mixas84 [53]2 years ago
5 0

The correct answer to this open question is the following.

Unfortunately, you forgot to include the reading. There is no reading here, no text, excerpt, or a link to it.

However, although you forgot to attach the reading, we can help you commenting an idea based on our knowledge of the topic.

It is correct to say that it is relatively easy that entrepreneurs can enter and leave markets in a free enterprise system of the United States.  Indeed it is one of its advantages.

However, the same affirmation cannot be applied to a country with a command economy because in a command economy the conditions are in total opposition to a free-market economy where individuals promote capitalist ideas to invest money and create companies in order to be rich.

In a command economy, it is the state the one that owns the means of production. The central government decides the kind of products to be produced, the price of the products, how to produce the goods, and the amount that is going to be produced.

The implications that this has for the law of supply in that country is that it cannot be considered because the law of supply/demand is only valid in a free market economy, not in a command economy.

You might be interested in
Which of these states had the LOWEST increase in Real GDP in 2014? A) Idaho B) Georgia C) Nevada D) Hawaii
aleksklad [387]

The correct answer is D. Hawaii had the lowest increase in real GDP in 2014.

In 2013, Idaho had a GDP of 60,854 million dollars; in 2014 it increased to 63,309 million. It increased 2,455 million dollars.

Georgia had in 2013 a 454,238 million dollars GDP; but in 2014 it went to 479,138 million dollars. It had an increase of 24,900 million dollars.

Nevada produced 128,205 million dollars in 2013; its production was increased to 133,071 million in 2014. It increased 4,866 million dollars.

Hawaii had a 74,630 million dollars GDP in 2013; it increased to 77,035 million dollars in 2014. It increased 2,405 million dollars.

4 0
3 years ago
Read 2 more answers
What did the Framers of the Constitution believe regarding the ideal size of government for preventing what they viewed as the w
wariber [46]

Answer:

The Framers of the Constitution believed that the ideal size of government for preventing what they viewed as the worst inequality is:

d. The Framers believed the ideal government would be large enough to provide protection for the individual liberties of all through the development of large military forces.

Explanation:

Protection of individual liberties was the main aim.  This is reason that the Constitution provided for a republican federal system of government.  This system implies that power ultimately should come from the people, who are duly represented by their representatives.  With the required representation and separation of powers, liberty will be ensured for all.

5 0
3 years ago
After the louvre, what is the second-largest art museum in the world?
Sonbull [250]
State Hermitage Museum
5 0
3 years ago
Your learned evaluative appraisals about yourself and others (whether positive or negative) are called:
WITCHER [35]
It is called attitude. Attitude is a way of reflecting a person's way of behaving with the use of their minds and how they perceive things. The behavior may be of bad or good, depending on what the person thinks about him or herself. This will make the over all output of a person and how they will be able to connect with other people and create bonds whether it is good or bad. It is related to the statement being said above which is about learning appraisals about self and others.
7 0
3 years ago
The Triple Alliance, also known as the Central Powers, consisted of
USPshnik [31]
The Triple Alliance, also known as the Central Powers, consisted of Germany, Austria-Hungary, and Italy. The correct option among all the options that are given in the question is the second option. The other choices are incorrect and can be neglected. I hope that this is the answer that has come to your help.
5 0
3 years ago
Read 2 more answers
Other questions:
  • Which issue is addressed in the Bill of Rights
    11·2 answers
  • How does a reference group influence individual behavior? Describe an example.
    5·2 answers
  • smith is wondering how she can strech her xheck enough ro afford her monthly bills . smith is concered with
    12·2 answers
  • Helen has been selected to serve on a jury. She has heard about the case on the news and is excited to be involved in such a big
    5·2 answers
  • An open-ended and indirect type of questioning that invites participants to share their deep motivations, beliefs, attitudes, or
    14·1 answer
  • How is Mrs. Frisby able to identify the radio in Nicodemus's office?
    9·1 answer
  • The English Bill of Rights limited the power of ______________ and gave framers of the constitution the idea of ________________
    6·2 answers
  • Llklkpjepfhaeippej[ofejf
    7·2 answers
  • Describe a time when you or someone you observed showed a poor work ethic. Discuss how their work ethic can be improved. Apart f
    7·1 answer
  • It's important to have _____ and checks and balances, so that when you release your results, everyone is in agreement with what
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!