Answer:
A market economy is an economic system in which economic decisions and the pricing of goods and services are guided by the interactions of a country's individual citizens and businesses
Explanation:
Answer:
B) entrepreneur.
Explanation:
An entrepreneur refers to any individual who creates a business model based on innovation. They run the company and take responsibility for its performance. They play an important role in every economy making use of the requisite expertise and effort to identify requirements and bring innovative new concepts to the industry. Entrepreneurs who ultimately succeed in managing the risks of a venture are lauded with continued growth.
Answer:
Geographic Features of ancient Greece.
Explanation:
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Sociologist George Ritzer built off of <u>classical</u><u> theory of the rationalization</u> to develop the concept of McDonaldization.
German sociologist, economist, and lawyer Max Weber is credited with coining the word "rationalisation" in sociology. The act of rationalising (or rationalising) involves replacing social norms, beliefs, and emotional drivers of behaviour with ideas based on logic and reason.
Sociologist George Ritzer coined the term "McDonaldization" in his book The McDonaldization of Society, published in 1993. According to Ritzer, "McDonaldization" is the process through which a culture takes on the traits of a fast-food restaurant.
McDonaldization is a reinterpretation of scientific management and rationality. Ritzer believes that the fast-food restaurant is a more apt modern metaphor than the bureaucracy, which Max Weber used to illustrate the trajectory of this shifting society.
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