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zvonat [6]
3 years ago
14

Explain the US Free Market System and how it operates.

Social Studies
2 answers:
Nady [450]3 years ago
6 0

Answer:

n a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services.

Explanation:

:)

Leviafan [203]3 years ago
6 0

In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their servic

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Does anyone regulate black markets?
netineya [11]
Black market or underground economy is the term used to describe the clandestine and illegal sale of goods, products or services, violating the pricing or rationing imposed by the government or companies.
 The phenomenon of the black market arises in times of crisis or periods of government control of the economy, usually when the scarcity of basic goods forces governments to impose price controls or rationing of goods.
 Answer:
 We can then infer that the black market is regulated by the government of the country to which it belongs.
6 0
3 years ago
Read 2 more answers
The majority of sensory signals about touch are sent to the olfactory cortex
timama [110]
I'm assuming this is a true/false question? If that's the case, then this statement is false. 

The olfactory cortex is basically your sense of smell. The majority of sensory signals are actually received by the somatosensory cortex; visual, auditory, pain, pressure, etc. 

8 0
3 years ago
According to Cognitive Evaluation Theory (CET), external rewards can influence intrinsic motivation in multiple ways. For instan
OlgaM077 [116]

Answer:

For instance, a quarterback whose coach criticizes every decision he makes in practice and games may feel <u>threatened</u>, causing his intrinsic motivation to <u>perform excellently</u>.

Explanation:

Cognitive Evaluation Theory is a theory based on the relationship between the cognition of human mind, perception and its external cognition which manifest physically. The external cognition is greatly influenced by the internal cognition leading to the observable results witnessed.

In the case of the quarterback, the criticism from his coach will make him feel threatened and probably going to be dropped from the team (percepion by his mind). This internal cognition would trigger his external cognition leading to him making extra efforts to perform in that particular match ( physical manifestation of the external cognition leading to achieving the desired result).

8 0
3 years ago
A common sociological finding in Latino family research is ___________is more important in determining family life than being La
strojnjashka [21]

Answer: Social class

Explanation: In a Latino family which has a descendency from the Latin America and they persist certain value and culture. They preferred social class important for defining of life of a family.

Social life is described as the life of people having socio-economic level as the equal . These are the individual that have same economic circumstances which is considered as the major factor in a society in Latino family/

5 0
4 years ago
Nadiya, your classmate, is struggling to keep up with class. Last week, she told you that she even thought about cheating on a t
oksano4ka [1.4K]

Answer:

internal; her dishonesty; fundamental attribution error      

Explanation:

Fundamental attribution error: In psychology, the term fundamental attribution error is defined as an individual's propensity of overemphasizing the personal characteristics of another person whereas ignoring the situational factors while judging his or her behavior.

Example: If an individual experiences something bad due to another person then he or she would blame the personality or the behavior of that person rather than the situational factors.

In the question above, the given statement signifies the fundamental attribution error.

3 0
4 years ago
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