Answer:
Economists, however, identify six major functions of governments in market economies. Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy.
The government creates and maintains a market economy by: establishing law and order. ... setting market standards. providing public goods
Explanation:
Governments frequently fund the military, address environmental issues, define and safeguard property rights, and work to increase competition in the market.
What do you mean by the market economy?In a market economy, the majority of the resources are owned by people rather than the government.
This pertains to labour, capital, and land. In a market economy, people regulate the use and cost of these resources through freely chosen actions in the market.
When the advantages of a government programme outweigh the disadvantages, there is an economic function for government to perform in a market economy.
Governments maintain competition, offer public goods and services, redistribute income, account for externalities, and stabilize the economy in addition to providing the legal and social framework.
Therefore, the Governments frequently fund the military, address environmental issues, define and safeguard property rights, and work to increase competition in the market.
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100 POINTS PLEASE HELP ASAP I WILL GIVE BRAINLIEST
In what type of economic system is the price at which goods are sold determined by a central planning committee?
command economy
democracies
traditional economy
market economy
Answer:
Command Economy
Explanation:
The central government sets the prices at which products are sold. You many see this is dictatorship nations, like ancient Sparta and the USSR.
Answer:
Command Economy
Explanation:
Describe the role of each of these men the Constitutional Convention George Washington
Answer:
George Washington was the president of the Constitutional Convention. "James Madison addressed the convention numerous times. When he was not speaking, he took notes. Sitting near the front of the room so that he could hear everything that was said, Madison wrote down nearly every word. All together, his notes covered more than 600 printed pages. From this remarkable record, we know what went on inside the convention day by day."
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Describe a personal or professional obstacle Bradbury faced:
One personal obstacle that Ray Bradbury, the acclaimed American author, faced was self-doubt and a fear of rejection. Throughout his professional career, Bradbury encountered moments of uncertainty and struggled with confidence in his own abilities as a writer.
Early in his career, Bradbury faced numerous rejections for his short stories. This led to self-doubt and moments of discouragement, making him question whether he had what it took to succeed as a writer. However, he persevered and continued to write, honing his craft and developing his unique style. Another obstacle Bradbury faced was the pressure to conform to popular trends and genres.
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Which physical modification allowed the Mountains and Basins region access to water?
O Canals
o Irrigation System
O Wells
O Dams
Answer:
The Mountains and Basins region covers more than 41,000 square miles and is the ... Visit some of the region's tourist attractions, including the El Paso Zoo, the ... Press shift question mark to access a list of keyboard shortcuts ... The park offers 133 RV sites with full electric, water and sewer connections.
Explanation:
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How did banking change in Europe from the 1700s to the 1800s?
A.) The number of private banks increased.
B.) The number of private banks decreased.
C.) The number of government banks sharply increased.
D.) The number of government banks sharply decreased.
Answer:
the number of private banks sharply decreased
What caused inflation to occur in many states?
Answer:
Explanation:
Inflation could occur if prices rise up due to increases in production costs. That could include wages and raw materials.
A increase in demand for products and services could also cause inflation as consumers are willing to pay alot for the product.
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Match each word or term with its correct definition
collective bargaining
the formal end of something, such as
slavery
abolition
negotiation between workers and
employers
strike
political or social change
suffrage
the night to vote
reform
when the members of a union stop
work as a way to pressure for change
Answer: collective bargaining- negotiation between workers and employers
Strike- when the members of a union stop work as a way to pressure for change
Abolition- the formal end of something, such as slavery
Suffrage- the right to vote
Reform- political or social change
Explanation: I got it correct
Answer:
Explanation: got a 100
Which of the following is false…? *
The President is Commander in Chief
The President Enforces laws
The President is head of the Executive Branch
The President can declare war
The president cannot declare war, that's false. He can bomb whatever country he wants with Congress' permission. But he does NOT have the power to declare war
2. What was Henry Stimson’s objection to Churchill’s suggestion? *