Answer:
False
Explanation:
The global economies that can exist in a country are divided into three:
a. Pure market ( free market economy
b. Command economy
c. Mixed economy which consists of both the pure market and command economy).
The pure market( free market ) economy is also referred to as the economy that has capitalism present in it.
Pure market economy is the economy practised by a country whereby owners of businesses can make their own decisions independent of the government. The government has no influence on the running of the firms or the value been placed in the products the firm produces. In a pure market economy, goods and services are exchanged voluntarily. Buying and Selling of goods and services are carried out in a competitive markets.
The raw materials or resources needed, are given to firms with high prices and a high production capacity that meets the needs of the country.
Pure market economy is not regulated by the government and it occurs in Democratic governments.
Not all global economies practise the pure market economy. An example of a country or global economy that practises the pure market economy is the United States of America.
Answer:
good eco comes from free enterprise
Explanation:
Answer:
When war began in the American colonies, he became a captain for the Connecticut regiment. He later became a spy to spy on the enemies in order to gather information on the British army's location.
Before his war works, he was also a teacher which meant that he was hardworking.
He was also commissioned a captain in General George Washington's army in Jan 1776.
Explanation:
Hope this helps :) I'm not sure if this is entirely correct but I promise I tried my best !
Answer: World Trade Organisation (WTO)
Explanation: The World Trade Organization,based in Geneva, is the only global international organization dealing with the rules of trade between nations. The WTO agreements were negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal of WTO is to ensure that global trades flow as smoothly and as freely as possible.
The World Trade Organization is a
forum for trade-related negotiations, has enforcement power and can impose sanctions so it serves as a dispute mediator through its Dispute Resolution Body. It also strives to support the needs of developing countries.
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Here is your answer!!
Deregulation always leads to lower prices for the consumer. The government has no power over companies joining together into larger companies.
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