2
decide what to produce
lower standard of living
lack of economie progress
wwwd for whom to
almost no government
Involvement
What type of economic system belongs in the box above
A command
O market
Oo, mixed
OD, traditional

Answers

Answer 1

Answer:

market

Explanation:

An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.

Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.

Basically, there are four (4) main types of economy and these are;

I. Mixed economy.

II. Free market economy.

III. Traditional economy.

IV. Command economy.

A market economic system also referred to as capitalism or free-enterprise can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a market economic system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.

Simply stated, a market economic system is a type of economy that is completely driven by demand and supply of goods and services.

The four (4) main elements or characteristics of a market economic system include the following;

a. Profit: businesses are all out to generate revenue and profit through the sales of finished goods.

b. Economic freedom: means of production of goods and services are controlled by the people rather than the government. Thus, the producers are free to make their economic choices or decisions such as deciding on how much is to be charged on a product.

c. Private ownership of properties: the various factors of production are owned and allocated by the people. Thus, citizens have rights to the ownership and use of private property.

d. Competition: there are many buyers and sellers of homogeneous products, as well as free entry and exit in the market. Thus, consumers are free to make their economic choices or decisions such as deciding on which product to buy, which goods interest them, where to shop for goods, etc.

A market type of economic system belongs in the box above.


Related Questions

ano kahulugan ng kandungan​

Answers

kumandong

masasandalan

masasandalan

Explanation:

Hope it helps:)

Correct get's brainiest. What let Europeans to explore Africa in the 1400s?
A. the death of Mansa Musa

B. the need for new raw materials and resources

C. the demand for new lands to help ease overpopulation

D. the desire to find a route are Africa to Asia

Answers

the answer is is c or b to this

ebrainliest

eeeeeeeeeeeeeeeeeeeee

Answers

3/4 because I’m super duper smart

i’ll give brainliest!!!! please answer all of these for my history

Answers

Answer:

8. Containment

10. Germany was divided into 4 occupational zones among the allies: US, England, USSR, and France.

Explanation:

I know you asked for all, but I only know 8 and 10. Sorry.

Turkey has which type of economy? mixed economy with a leaning to the market side of the continuum pure traditional economy mixed traditional and with leaning toward the command side pure command economy

Answers

Answer:

The economics of Israel,Saudi Arabia,Turkey,and Iran could be described as.......market,command,mixed,or traditional? Israel:market ... ss7E5b Explain how most countries have a mixed economy located on a continuum between pure market and pure command. ... ~not all of the oil producing countries are part of OPEC

Explanation:

Compare how traditional, command, and market economies ... Explain how most countries have a mixed economy located on a continuum between pure market and pure ... systems in. Israel, Saudi Arabia, and Turkey. ... The type of economic system utilized by a ... Slightly to the market side of center on the continuum.

Answer:

Turkey has a mixed economy in which there is a growing private sector combined with centralized economic planning and government regulation.

Explanation:

THIS IS THE ANSWER I THINK... mixed economy with a leaning to the market side of the continuum

A U.S. ambassador meets with a foreign leader to discuss an environmental
agreement. This is an example of which tool of foreign policy?

Answers

It’s an example of diplomacy

Question 3 Which group of people benefited the most from the Green Revolution? А)coal miners. B) wealthy farmers. C) fishermen​

Answers

Answer:

B Wealthy Farmers

Explanation:

The Green Revolution was a period when the productivity of global agriculture increased drastically as a result of new advances, so farmers would have benefited.

Rob DeSalle studies genes and DNA. According to him, what about genes determines how complex living things are?

Answers

The correct answer to this open question is the following.

Although there are no options attached or further references we can say the following.

Rob DeSalle studies genes and DNA. According to him, genes determine how complex living things are in that these genes specifically characterize every single living being on planet Earth.

For Rob DeSalle, the number of genes does not determine if you are a better species than others. Or the wrong idea that if some species have different amounts of genes this means that it has better DNA or is a superior species.

Desalle indicates that some amoebas have more DNA in their cells, compared to humans. For him, the key lies in how the species uses its DNA in order to determine its complex life.

According to the Changes at Work lesson notes, which historical figure was best known for advocating for child labor laws?

Question 3 options:

Mary Harris Jones


Ida Tarbell


Samuel Gompers


John Muir

Answers

Mary Harris Jones hope it helps

What did Erasmus teach needed to happen within the Church? Did his suggestions eventually come to pass?

Answers

Answer:

Erasmus  

Explanation:

Erasmus was a Dutch scholar and Catholic priest whose views were distinct from many other religious reformers. Erasmus travelled throughout Europe as a biblical and humanist educator. He trusted the power of words and used his writing to attack scholars theology and clerical abuses and promote his philosophy of Christ.

Erasmus was condemned from all sides because of his ideas which were opposed by clergies. He had worked for peace and unity, only to experience war and breakup.

What were some of the governing policies of the Song Dynasty?

Answers

Answer:

The New Policies (Chinese: 新法; pinyin: xīnfǎ), also known as Xining Reform (熙宁变法), Xifeng Reform (熙丰变法) or Wang Anshi Reform (王安石变法), were a series of reforms initiated by the Northern Song dynasty reformer Wang Anshi when he served as minister under Emperor Shenzong from 1069–1076.

Explanation:

People who do not live in incorporated cities are considered part of the rural population.
True
False

Answers

Answer: the answer is false

Explanation:

13. The two parts of the U.S. Congress are the Senate and the Supreme Court.
a. True
b. False
14. How many U.S. Senators are there?
a. 50
b. 100
c. 102
d. 435
15. We elect a U.S. Senator for how many years?
a. 2
b. 4
c. 6
d. 8
16. The House of Representatives has how many voting members?
a. 50
b. 100
c. 102
d. 435
17. We elect a U.S. Representative for how many years?
a. 2
b. 4
c. 6
d. 8
18. We elect a President for how many years?
a. 2
b. 4
c. 6
d. 8
19. In what month do we vote for President?
a. April
b. August
c. October
d. November
20. If the President can no longer serve, who becomes President?
a. The Vice President
b. The Speaker of the House
c. The Secretary of State
d. The Secretary of Defense
21. Who is Commander in Chief of the military?
a. The Secretary of Defense
b. The President
c. The Vice President
d. The Speaker of the House
22. Who signs bills to become laws?
a. Congress
b. The Supreme Court
c. The President
d. The Vice President

Answers

13. False
14. B 100
15. C 6
16. D 435
17. A 2
18. B 4
19. D November
20 A Vice President
21. B the president
22. C the president

The Muslim conquest of India resulted in the ___. Sultanate of Delhi Qing Dynasty Mongol Empire Gupta Empire

Answers

Answer:

Sultanate of Delhi

Explanation:

I checked it on quizlet.

What was the advantage of using transistors instead of vacuum tubes in the second generation computers?

Answers

Answer:
Using transistors instead of vacuum tubes in the second-generation computers drastically reduced the size of the computer size.
Explanation:
Transistors were smaller when compared to vacuum tubes so computers with vacuum tubes were small in size .
They were also faster in speed, and cheaper to build.
These computers also operates at lower temperature and produces less heat.
In 1956, TX-0 was the first computer to build with transistors.
Varieties of transistors under a single unit called Integrated Circuit Chip or ICs.
Increase in Memory size, increasing processing speed are the major achievements of ICs.

invented the wheel around 3500 B.C. Aryans Babylonians Sumerians Hittites​

Answers

In reality it was the Mesopotamians, but other sources say it was Sumerians, since it's on your list.

Explanation:

Answer:

a

Explanation: because i did it

Anybody know the answer to this

Answers

Answer:

the lack of food

Explanation:

they were starved

Which of the following directly contributed to soil erosion on the Great Plains in the 1930s?
railroads
heavy rains
farming
homesteadingWhich of the following directly contributed to soil erosion on the Great Plains in the 1930s?
railroads
heavy rains
farming
homesteading

Answers

Answer:

farming

Explanation:

Answer:farming

Explanation:trust

what is this poem about



What impressions do you have from your reading about how Aztecs responded to childbirth, the importance of poetry for the Nahuatl (pre-Aztec culture) and the Mayan rituals associated with sacrifice

WILL



GIVE BRAINLIST

Answers

Answer:

mother or women is the correct address

Question 11
Which statements indicate smart steps for the first-time investor?
OA.
Start making "opportunity cost" decisions now! Start giving up something
nice now for something a lot better later.
B.
When you get your first credit card, do not use that credit card to regularly
finance any purchases!
C. Never invest more than you can afford to lose.
OD. All of the above.

Answers

Answer:

D. All of the above.

Explanation:

A first-time investor refers to an individual such as entrepreneur who is inexperienced but willing to allocate or commit his or her capital in anticipation of an expected financial return or profits in the future.

The following statements indicate smart steps for the first-time investor;

A. Start making "opportunity cost" decisions now. He or she should be willing to give up something nice momentarily for something a lot better in the future. Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

B. He or she shouldn't use his or her first credit card to regularly finance any purchases.

C. As a rule, do not ever invest any amount more than you can afford to lose in the event of a downturn.

keneng tengene?

Help me! ​

Answers

Answer:

I'M HERE NA MAY QUEEN I WILL SAVE YOU... ❤️❤️✨

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Answer:

I didn't understand it

pagtutulungan ng mga tao para sa mabuting layunin​

Answers

what are you saying?

by 1910 what percentage of Mexico's land was owned by American companies
A.10%
B.25%
C.35%
D.52%

Answers

B. 25%. I had a question like this on a Khan academy assignment and this is what they explained.
I really do thinks it B

How the became successful England in the middle ages

Answers

The increasing of wealth of the nobility and the church.

Answer:

the way the people were grouped it made it very difficult to change your status

Explanation:

The 12th and 13th centuries saw a huge development of the English economy. This was partially driven by the growth in the population from around 1.5 million at the time of the creation of the Domesday Book in 1086 to between 4 and 5 million in 1300. England remained a primarily agricultural economy, with the rights of major landowners and the duties of serfs increasingly enshrined in English law. More land, much of it at the expense of the royal forests, was brought into production to feed the growing population or to produce wool for export to Europe. Many hundreds of new towns, some of them planned, sprung up across England, supporting the creation of guilds, charter fairs and other important medieval institutions. The descendants of the Jewish financiers who had first come to England with William the Conqueror played a significant role in the growing economy, along with the new Cistercian and Augustinian religious orders that came to become major players in the wool trade of the north. Mining increased in England, with the silver boom of the 12th century helping to fuel a fast-expanding currency.

Capitalism vs communism


(Question are on the photo)

Answers

Answer:

Communism has an economy that is completely controlled by the state, while Capitalism has an economy that is almost completely free from state control.

Free education and healthcare can be a major advantage of Communism, if implemented correctly.

An example of a disadvantage of a communist state is the Soviet Union. They every element of life was completely controlled by the state. There were no free and truly democratic elections, and purges ran rampant.

The biggest advantage of capitalism is that is supports people making new, non-state controlled businesses, allowing regular people to make a profit off their companies.

The Capitalist system allows unemployment to run rampant, and people have to pay for their education and healthcare. Just like in the US.

The US wanted to promote Capitalism to stop the Soviet Union from politically (and territorialy) dominating the world. The Soviet Union wanted to stop the US from politically dominating the world, and they wanted to politically, and territorialy, dominate the world.

Hope it helps!

What was the Reagan Administration's response to the AIDS epidemic?​

Answers

Answer:

The initial response was making fun of it. And only after 4 years of the health crisis did the Reagan administration accept the severity of the epidemic. there began researches, awareness programs, medicinal trials, and the urge to find a cure for it.

Explanation:

When the HIV AIDS epidemic first began in the early 1980s, the Reagan administration seemed to find it hilarious and even made jokes about it. The acceptance of the epidemic came only by 1985 when the President publicly acknowledged the epidemic as a "top priority".

In the recently unearthed documentary "When AIDS was Funny" by Scott Calonico was released, the Press Secretary to the President, Larry Speakes seemed to take it as a joke about the epidemic that killed one in every three people. Referred to as "gay plague", Speakes as well as members of the media would take it as a joke and make fun of it. It would be after a couple of says that the president would openly accept the epidemic as a serious threat.

The health emergency would be openly accepted by the leaders of the country after 4 years since it began. It was then that the issue would be met with medicines, research, and various awareness programs.  

Answer:inaction

Explanation:did the test

8. Sino ang manlalakbay na Portoges ang naglakbay at nalibot ang Cape of Good Hope?
A Amerigo Vespucci B. Francisco de Almeida C. Michaelangelo D. Francisco de Almeida​

Answers

Answer:

bartolomeu Diaz. tamang sagot dahil halos masira ang kanyang bapor ay halos mawasak ng bagyo kaya pinangalanan nya itong cape of storm at binansagan na cape of good hope.

Explanation:

dalawa ang ang pangalan ni Francisco sa letter B .at letter D.

NEED RIGHT NOWW
Which of the following statements is true about the small, isolated islands of Oceania? O A. They possess abundant natural resources that have not yet been exploited B. They are too far out of the way to be used as stopping points on sea voyages. C. Their languages are different from those found elsewhere. O D. They were of little importance to European colonizing nations.​

Answers

Answer:

Bro it's A. They possess abundant natural resources that have not yet been exploited. Okay??

1.
When did the Mexican American War take place?

Answers

Answer:

United States

Explanation:

From April 1846 to February 1848

16. What was the experience of the Soviet Union during World War Il compared to the United States?

O A. The Soviet Union contributed fewer soldiers.

O B. The Soviet Union was left more politically unstable.

O C. The Soviet Union
suffered greater losses of life.

O D. The Soviet Union entered the war later.

Answers

The answer is C, the Soviet Union had more human losses.

Answer:

C. The Soviet Union suffered greater losses of life

Explanation:

The Nazis were literally invading the Russians and murdering people inside the country. The Soviets lost a tremendous amount of lives during that war.  

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