Wants = desires
Economics = study of production, consumption, and distribution of wealth
Demand = what people want to have produced
Saving = abstaining from consumption; not using
Supply = amount of a good produced
Needs = food, clothing, shelter
Answer:
The correct answer is SWOT analysis
Explanation:
SWOT analysis stands for Strength, Opportunities, Threats and Weaknesses analysis, is defined or described as the framework which is used for analyzing as well as identifying the factors of the external and the internal, which have an impact on the product, person or product viability
SWOT analysis is one of the simple and the powerful tool or technique for the sizing up the resources and the capabilities, deficiencies and strengths of the company, its market opportunities as well as the external threats to its well being in future.
Answer:
The nation is moving toward a market-based system
Explanation:
Capital
This is simply tools, equipment, machinery, and buildings used to produce goods and services.
Economic System
This is simply refered to as the way or method used by a society to allocates its resources (land, labor, capital and entrepreneurship) to satisfy its needs.
Command economy
This is known as an economic system that depends on the central government to make all of the decisions in terms of supply and demand rather than allowing the market to freely identify consumers' demands and industry's ability to supply
Many tax professionals and advisors recommend adjusting your W4 allowance so that YOUR TAX PAYMENT WILL EXACTLY MATCH YOUR TAX LIABILITY.
The W4 form is used to claim allowances which one is entitled to. The number of allowance which one claims depends on one's status. Most people under pay or over pay their tax payment as a result of the number of claims that they make. Experts suggest that individuals should adjust their W4 allowance in such a way that over payment and under payment of tax will be avoided.
Economics because it has to deal with money, which is important for a career in business.
