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Nina [5.8K]
3 years ago
9

HELP!!!! I AM BEING TIMED!!!!!!!! I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Social Studies
1 answer:
Alex3 years ago
7 0

Answer:

decrease

Explanation:

i did the test

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Describe three aspects of a free market economy.
NeX [460]
A market economy is a type of economic system where supply and demand regulate the economy, rather than government intervention. A true free market economy is an economy in which all resources are owned by individuals. The decisions about the allocation of those resources are made by individuals without government intervention. There are no completely "free-enterprise" or market economies. The United States has more characteristics of a market economy than a command economy, where a government controls the market. In a market economy, the producer gets to decide what to produce, how much to produce, what to charge customers for those goods, and what to pay employees. These decisions in a free-market economy are influenced by the pressures of competition, supply, and demand.
 
2     One of the most important characteristics of a market economy, also called a free enterprise economy, is the role of a limited government. Most economic decisions are made by buyers and sellers, not the government. A competitive market economy promotes the efficient use of its resources. It is a self-regulating and self-adjusting economy. No significant economic role for government is necessary. However, a number of limitations and undesirable outcomes associated with the market system result in an active, but limited economic role for government.
 
3     In a market economy, almost everything is owned by individuals and private businesses- not by the government. Natural and capital resources like equipment and buildings are not government-owned. The goods and services produced in the economy are privately owned. This private ownership, combined with the freedom to negotiate legally binding contracts, permits people to obtain and use resources as they choose.
 
4     A market economy has freedom of choice and free enterprise. Private entrepreneurs are free to get and use resources and use them to produce goods and services. They are free to sell these goods and services in markets of their choice. Consumers are free to buy the goods and services that best fill their wants and needs. Workers are free to seek any jobs for which they are qualified.
 
5     A market economy is driven by the motive of self-interest. Consumers have the motive of trying to get the greatest benefits from their budgets. Entrepreneurs try to get the highest profits for their businesses. Workers try to get the highest possible wages and salaries. Owners of capital resources try to get the highest possible prices from the rent or sale of their resources. This "invisible hand" of self-interest is the driving force of a market economy.
 
6     Competition is another important characteristic of a market economy. Instead of government regulation, competition limits abuse of economic power by one business or individual against another. Each competitor tries to further his own self-interest. This economic rivalry means that buyers and sellers are free to enter or leave any market. It also means that buyers and sellers are acting independently in the marketplace. When businesses compete for customers, they want to sell their goods or services at the lowest possible price while still earning a profit for themselves. Consumers compete for goods and services. If the supply of a needed good or service is low, the consumer must pay a higher price. Consumers must compete to get goods or services by paying more or going out of their way to buy the products they need or want.
 
7     A system of markets and prices working together are the structure of a market economy, not the central planning by government. A market brings buyers and sellers together. The wants of buyers and sellers are registered on the supply and demand sides of various markets. The outcome of these choices is a system of product and resource prices. Prices are the guideposts on which buyers and sellers make and revise their free choices in furthering their self-interests.
4 0
3 years ago
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The global population during WWI was about 2.3 billion. About what percent of the global population died in the war?​
posledela

Answer: During WWI over 9 million were killed.

Explanation:

3 0
2 years ago
A post-modern approach to defining social justice is distinct from a modern approach in that
alexandr402 [8]

The answer is: it does not tell us exactly what a just society would look like and that it treats justice more as a process than as a goal.

This happen because Post-modern approach sees that what considered to be a justice by a certain group of people might not necessarily seen as so by the other group of people.

Because of this, they treat justice as a process, in which people made the effort to compromise with each other regardless of our difference/

7 0
3 years ago
sparknotes O villain, thou stolest a cup of sack eighteen years ago, and wert taken with the manner, and ever since thou hast bl
Cerrena [4.2K]

Answer:

Spoken by Prince Harry, son of King Henry IV from William Shakespeare's play "Henry IV".

Explanation:

The above given lines are spoken by Prince Harry, the son of King Henry IV from the historical play "Henry IV" by William Shakespeare. Taken from Act II scene iv, the scene shows the young prince and his commoner friends drinking in a tavern named Boarshead Tavern in Eastcheap.

The lines reveals the young Prince recounting how Bardolph had began to live the life of a criminal. Harry had first encountered him stealing wine almost two decades ago. Commenting on his (Bardolph's) drunkenness "<em>blushed extempore</em>" had continued till now, he comments how he could never change. He also asked him why, being armed with his sword, still had to run away, why he had to run away.

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2 years ago
Calcareous shells will not accumulate on the ocean floor when the water depth exceeds about 4500 meters (around 15,000 feet).
aivan3 [116]

Answer:

the correct answer is true

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