characteristics of a free market economy

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Answer 1

Answer:

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A free market economy is characterized by the following:

Private ownership of resources. ...

Thriving financial markets. ...

Freedom to participate. ...

Freedom to innovate. ...

Customers drive choices. ...

Dangers of profit motives. ...

Market failures.


Related Questions

what it means to love from a Christian

Answers

Answer:

faith

Explanation:

when a christian loves he or she intends to bring you closer to God

Who is the protagonist of the story? Describe them? In the bully book​

Answers

Answer:

Bill is the leader and most self-assured member of the Losers Club as well as the main protagonist of the story. Feeling responsible for Georgie's death, he seeks revenge on the monster.https://en.m.wikipedia.org › wiki › I...
Eric Haskins he is the outcast of the school . Eric is the bullies Favourite target .

The government needs to provide public goods for what reason?
A. They are necessary for raising the standard of living.
B. Private companies cannot profit by providing them.
C. Citizens demand government regulation to protect their freedom.
D. The government can reduce taxes by profiting from public goods.​

Answers

Answer:

A

Explanation:

Because the government needs to reduce the gap between poor and the riches

what are the steps to be taken by government of nepal for susutainable development?​

Answers

Answer:

The following things should Nepal do for the sustainable development . Establish political stability . Education should provide to all citizen . Reduce corruption .

1.) How does justice relate to fairness and
equality?
2.) What's the difference between privilege
and disadvantage/discrimination?
3.) Why do humans have an innate (inborn)
tendency to distrust people who are different
than us?
4.) What's the veil of ignorance and what's
its relevance to society's obligation to
assist the disadvantaged?
5.) Why do laws which prohibit
discrimination fail to eliminate unjust
treatment of disadvantaged groups?
6.)Why do some people deny the reality
of privilege and discrimination?
7.) What is the just world hypothesis, and
how does it relate to the concept
of individualism? Why do some
conservatives believe that disadvantaged
people are mostly if not entirely to blame for
their own situation?
8.) What's the difference
between interpersonal and institutional
bis2

Answers

Question_1. The most fundamental principle of justice—one that has been widely accepted since it was first defined by Aristotle more than two thousand years ago—is the principle that "equals should be treated equally and unequals unequally." In its contemporary form, this principle is sometimes expressed as follows: "Individuals should be treated the same, unless they differ in ways that are relevant to the situation in which they are involved." For example, if Jack and Jill both do the same work, and there are no relevant differences between them or the work they are doing, then in justice they should be paid the same wages. And if Jack is paid more than Jill simply because he is a man, or because he is white, then we have an injustice—a form of discrimination—because race and sex are not relevant to normal work situations.

Question-2. Social privilege

Social privilege is a theory of special advantage or entitlement, used to one's own benefit or to the detriment of others. These groups can be advantaged based on social class, age, height, nationality, disability, ethnic or racial category, gender, gender identity, neurology, sexual orientation, and religion.It is generally considered to be a theoretical concept used in a variety of subjects and often linked to social inequality.Privilege is also linked to social and cultural forms of power.It began as an academic concept, but has since been invoked more widely, outside of academia.

Question-3. Racism has been—and unfortunately still is—such a prominent feature of so many human societies that it might be tempting to think of it as somehow "natural" or "innate."Racism has been—and unfortunately still is—such a prominent feature of so many human societies that it might be tempting to think of it as somehow "natural" or "innate."Indeed, this is the conclusion that some evolutionary psychologists have come to. Evolutionary psychology tries to account for present-day human traits in terms of the survival benefit they might have had to our ancestors. If a trait has survived and become prevalent, then the genes associated with it must have been "selected" by evolution.

Question_4. The Veil of Ignorance, a component of social contract theory, allows us to test ideas for fairness.

Like many thought experiments, the Veil of Ignorance could never be carried out in the literal sense, nor should it be. Its purpose is to explore ideas about justice, morality, equality, and social status in a structured manner.

Question-5. Title VII of the Civil Rights Act of 1964. Title VII of the Civil Rights Act, as amended, protects employees and job applicants from employment discrimination based on race, color, religion, sex and national origin.

Question-6. They’re surrounded by pieces of the puzzle, but can’t put them together

Question-7 The just-world hypothesis or just-world fallacy is the cognitive bias that assumes that "people get what they deserve" - that actions will have morally fair and fitting consequences for the actor. For example, the assumptions that noble actions will eventually be rewarded and evil actions will eventually be punished fall under this hypothesis. In other words, the just-world hypothesis is the tendency to attribute consequences to—or expect consequences as the result of— either a universal force that restores moral balance or a universal connection between the nature of actions and their results. This belief generally implies the existence of cosmic justice, destiny, divine providence, desert, stability, and/or order. It is often associated with a variety of fundamental fallacies, especially in regard to rationalizing suffering on the grounds that the sufferers "deserve" it.

Question-8. In game theory terminology, interpersonal trust is associated with the 'type' of the other players (or his own disposition to believe other players), while the institutional trust is related to the rules of the game.

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Describe how the First Emperor of Qin’s ruling style compares to Alexander the Great in TWO paragraphs

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Answer:

Qin Shi Huang, is the first emperor of China, his contribution not only concentrated on politics and the military, but also on the economy and culture. Even to this day, many of his views are still carried out in China. In the aspect of politics , Qin Shi Huang followed the Qin empire's old political system, set up three councillors of state and the nine Ministers system, like the Prime Minister, Defense Minister, the Minister of Supervision and paperwork, each performing its own duties.

Qin Shi Huang, the head of the empire, could control the central government. Out of the central government, Qin Shi Huang changed the enforcement system into the prefectures and counties system, the local magistrate must be appointed by the head of the empire, then the local force can not revolt against the government. From then on, China became a truly unified nation, modern China still follows Qin Shi Huang's political system about the prefectures and counties system.

Explanation:

Teach TCI Chapter 22

thanh điệu của tiếng việt là gì?

Answers

Answer: Là dấu à ???

Explanation:

When businesses produce goods ansld services that consumers do not want​?

Answers

Answer:

Technical or productive inefficiency.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

Basically, there are four (4) main factors of production and these are;

I. Land.

II. Labor (working).

III. Capital resources.

IV. Entrepreneurship.

Furthermore, when these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.

In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;

1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs.

2. Technical (productive) inefficiency: it occurs when businesses produce goods and services that consumers do not want.​ This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.

Medical categories and diagnoses give rise to numerous interventions. At times, these interventions are ‘enforced’. Detail an example of an enforced intervention and discuss how the certification of medical label legitimates this process.

Answers

Answer:

Explanation:

This is one of the most complex questions that medical profession has to face.

I'm 81. My wife of 40 years passed away last year. We filled out something in Alberta Canada called the Green form. It is in a green folder and it must be in a prominent place where it can be seen easily. Of course there is only 1 entrance to my room and the back of the door is pretty prominent.

Alberta Health insists that this form must be filled out and signed. I'm telling you this so you will understand what I'm going to write next.

My wife, before she succumbed to the immense pain of the kind of Cancer she had, studied the form carefully. It is a legal document and it ties the hands of the medical profession so that what you are describing cannot happen. Because she studied it so carefully, my form says exactly the same thing hers did.

In effect, the form is a directive that tells the medical profession what they may and may not do. They can keep me comfortable while I still breath. They cannot intervene and make me live a tortured life because they have taken an oath to do that sort of thing.

If what they are planning is a standard response to my kind of Cancer, they can do that. If it deviates in anyway and just prolongs me in a vegetable state, they cannot do anything at all to prolong my life. This takes the responsibility away from my family. My daughter had (at 17) to make this sort of decision for her mother. It was a terrible thing to do to a 17 year old. She had to do it for one parent. She will not have to do it for the one remaining parent that she had.

(The woman I was speaking of above was my second wife. I was not consulted on the first wife's death).

There is no process I know of that can force a patient to live beyond the point where they don't wish to. The only exception to that is when children are involved. Then the medical profession can do what the think is necessary to save a life. That does not necessarily mean prolonging it.

If you are going to pursue this topic at any length, I highly recommend that you read Eric. You will be reading about a young man who died in his girl friend's arms who was with him when he died.

It is a magnificent book written by a compassionate (American) mother who operated without the green folder. In the end she had to make the decision to let go. There was no way an intervention would have done any good.

4th of July is a national holiday celebrating the United States’ independence from England. However, as we know, not everyone was granted freedom on that day in 1776. Should the 4th of July be considered America’s “Independence Day”? Why or why not?

Answers

Answer: i think is is mostly a moral question, so it varies

Explanation: when you think black people are free and their not, but then the Enmancipation proclimation TECHNICALLY got passed as a bill DURING the civil war when the confederetes was still a thing, so technically slaves were free when that passed making another 25% or so of the population free, but then we need to look towards freeing the 50% of the population of U.S. or the women who neither had the right to vote like men. So i would say that the official Independence day would be some-where is 1920 when Congress (or whatever government policy got passed) gave women the right to vote, so the question (my opinion and for me) would not be whether we change our original independence day, but recognize those women and black men who have got their own independence day

Which process allows for citizens to propose a new law?
a.initiative
b.recall
c.referendum

Which process is a vote by citizens to approve or reject a law?
a.initiative
b.recall
c.referendum

Which process allows for citizens to change an existing law?
a.initiative
b.recall
c.referendum

Which process is a vote by citizens to remove an elected official from office?
a.initiative
b.recall
c.referendum

Answers

Answer:

1. initiative

2. referendum

3. referendum

4. recall

Explanation:

got it right

Answer:

1. initiative

2. referendum

3. referendum

4. recall

Explanation:

Someone please help me with this question!!
——————————————

What's the legal status of the death penalty in the U.S.? Why is the execution method of lethal injection controversial?

Answers

Answer:

Subsequently, a majority of states enacted new death penalty statutes, and the court affirmed the legality of capital punishment in the 1976 case Gregg v. Georgia. Since then, more than 7,800 defendants have been sentenced to death; of these, more than 1,500 have been executed.

Explanation:

not sure

1) In what way did the idea of humanism affect people and their everyday lives?
A. It led to the Bubonic Plague
B. It created job opportunities for people everywhere in the world
C. It gave people the idea to overthrow the king
D. It infiltrated into the arts, literature, the sciences, and medicine

Answers

Answer:

D

Explanation:

Humanism didnt effect job oppurtunity, nor can a way of thinking cause a pandemic. Also humanism didnt inspire any significant revolutions. Therefore, D.

What are some of the key terms of Smart’s theory of religion, and what do they mean? What are some of the examples Smart uses to illustrate and support his theories?

Answers

Answer:

Smart went on to develop a phenomenologically grounded, multidisciplinary, cross-cultural approach to the comparative study of religious traditions ancient and modern, what he later called the study of "worldviews" and "ideologies." He also spoke of religious studies as "aspectual,"

Explanation:

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Describe our galaxy


Thx

Answers

Answer:

A galaxy is a huge collection of gas, dust, and billions of stars and their solar systems, all held together by gravity. ... A galaxy is a huge collection of gas, dust, and billions of stars and their solar systems. A galaxy is held together by gravity.

Answer:

The Milky Way is a large barred spiral galaxy. All the stars we see in the night sky are in our own Milky Way Galaxy. Our galaxy is called the Milky Way because it appears as a milky band of light in the sky when you see it in a really dark area.

It is a spiral shaped galaxy that contains several hundred billion stars, including our Sun. It is about 100,000 light-years across and about 10,000 light-years thick. If you are at a place which has a very dark night sky, you can sometimes see the Milky Way as a thick band of stars in the sky.

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14. What was the name for Japanese suiside bombers in World War II?
A. Kamikaze
OB. Okinawa
O C. Iwo Jima
O D. Blitzkrieg

Answers

The answer is kamikaze

Define and describe the human rights violation of human trafficking​

Answers

Answer:

The answer is below

Explanation:

The human rights violation of human trafficking is the denial of human sacrosanct rights during trafficking situation which include the prevention of human rights in the areas such as the right to life, security, liberty, right to freedom of movement and thought, right to be free from torture or inhumane handling or punishment, all of which is what humans are legally and naturally have a right.

Which crop did the English started to plant first​

Answers

Answer:

Because the soil was rocky and the climate was often harsh, colonists in New England only farmed enough to feed their families. Some of these crops included corn, beans, and squash. The New England colonies, however, were full of forests, giving the colonists the important natural resource of trees.

Explanation:

I hope this helps! God bless! Thanks! BRAINLIEST PLEASE

What will happen if the value of the American dollar decreases?
A. Exports will cost more.
OB. Imports will cost more.
C. Income tax rates will go down.
D. Salaries will go down.

Answers

Answer:

B

Explanation:

There will be less imports since the value of the dollar is deprecated so that in result means that higher value products such as imports will increase is value.

B there will be less imports because I got this on the test

debate on
there is more discrimination to men than women ​

Answers

you could talk abt uneven wages for against and possibly discuss toxic masculinity for for
women get more discrimination

suggest ways in which TQM can reduce the cost of quality​

Answers

Answer:

The answer is below

Explanation:

There are many ways in which Total Quality Management can reduce the cost of quality, some of which are :

1. ​By ensuring there is correct products design in place.

2. By improving the process of production

3. By training employees to current standards and practices, leads to a reduction in waste and poor production

4. By inspecting and monitoring materials, machines, and production process to avoid wastages and poor production

5. By reworking products that are considered defective, failed, or non-conforming items after inspection before releasing into the market.

Tìm ví dụ vi phạm luật cơ bản của tư duy

Answers

Answer:

Vi phạm yêu cầu này, không rút ra được thông tin cần thiết. Ví dụ: Tác giả Truyện Kiều là người làng Tiên Điền, huyện Nghi Xuân, tỉnh Hà.

Your reading material uses an analogy of watering a plant as a way of discussing.

A.preserving alliance
B. Leadership skills
C. Communication skills
D. Self motivation

Answers

It’s B, I think and if I’m incorrect then can someone correct me

Có luận điểm cho rằng chỉ nghĩa tư bản là vĩnh hằng. Hãy phân tích và nhận xét cho luận điểm trên

Answers

Answer:

Đầu tiên cần giải thích thế nào là chủ nghĩa tư bản, thế nào là vĩnh hằng.

Sau đó nhận xét luận điểm "chủ nghĩa tư bản là vĩnh hằng" là một luận điểm sai

Nguyên nhân là vì theo ABC là phải XYZ

Sau đó khẳng định lại lần nữa, đây là luận điểm sai

Explanation:

Sorry vì câu trả lời chưa rõ ràng lắm, nhưng đây là tiến trình làm bài, nếu đây là câu hỏi cho bài luận dài thì bạn phải viết dài lắm. Nhưng theo mình thì câu này là một câu hỏi ngắn, nên trả lời theo cách của mình vậy là đủ ý nha.

Còn phần nguyên nhân thì lâu quá không học nên quên rồi, chỉ nhớ đại khái là chủ nghĩa tư bản nó sẽ chuyển thành chủ nghĩa xã hội, cho nên không thể nào mà vĩnh viễn được

In a _________________ fossil, only carbon is left from the original remains.

print
carbonized
mold

Answers

b. its carbonized your answer
The second option: Carbonized

phân tích các nội dung cơ bản trong xây dựng và hoàn thiện njaf nước pháp quyền xã hội chủ nghĩa ở nước Việt Nam hiện nay

Answers

Answer:

hi whats your name how are you hope your fine who your crush

Richard is on a diet and has made a promise not to eat ice cream the entire year. However, during his best friend's party, he eats ice cream. He claims that he is only doing this because it was a very special occasion. He is exhibiting:______.

Answers

Answer:

He is exhibiting "Food Addiction"

Explanation:

Richard promised not to eat ice cream the entire year but ended up breaking the promise, and one notable point in the event is he had to give an excuse for breaking the promise, this shows the addiction. For food addicts, they tend to feel guilty after eating the food they wanted to stop eating and they still find themselves eating it again. They can't control themselves around certain foods just like the case of Richard, and you also find them making excuses why they defaulted,

The habit made by Richard of eating ice-cream on special occasions shows that he is food addicted to ice-cream.

What is food addiction?

Food addiction can be understood as the craving for your favourite food at the moment of its appearance in front of you. Or it can be when you think about your favourite food during your bad moods.

In the case of Richard, he promised not to eat ice-cream for the entire year, but he broke his promise and ate ice-cream, saying that his friends' birthdays were the special occasion.

Performing this kind of action comes under food additive, and this leads to the breaking of the promise from Richard's end.

Learn more about food addiction, here:

https://brainly.com/question/4439535

in what Five ways can an individual develop his/her capabilities

Answers

Answer:

Figure out what you're good at and what needs work:

· First, Seek Your Skills.

· Next, Find Your Strengths.

· Finally, Find Your Weaknesses.

· Join Short Classes or Courses.

· Take Part In Relevant Activities.

· Practice.

· Being Mentored.

· Keep Yourself Relevant.

what are the role of public participation perequisites in the development.write berifly.​

Answers

Answer:

Development is a process that creates growth, progress, positive change or the addition of physical, economic, environmental, social and demographic components. ... The identification of these traps enables relating to political – economic – social conditions in a country in an attempt to advance development.

Trên thực tế, trong cuộc sống hàng ngày hiếm khi hành động xã hội của con người thuộc chỉ một trong bốn kiểu loại hành động xã hội mà Max Weber đề cập đến mà là sự kết hợp phức tạp hơn thế. Hay nói cách khác, trên thực tế, một hành động xã hội có thể là sự pha trộn của các kiểu loại hành động mà Max Weber đã phân loại.

Từ góc nhìn xã hội học, tự lấy các ví dụ và phân tích để làm rõ nhận định trên

Answers

Answer:

ơ  oiiiiiiiii, bạn học  NV với cùng lớp xhh với mình hả =))))))))))))))))))

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do u know this guy...... At her initial evaluation, Ms. Jones reports that she has lost 25 pounds over the past eight months despite an increase in her appetite. She complains of extreme fatigue, heart palpitations and irritability. Clinical observations reveal a protrusion of the eyeballs and hand tremors. You suspect that she might have: a. hypothyroidism b. diabetes mellitus c. hypopituitarism d. hyperthyroidism Diamond Boot Factory normally sells its specialty boots for $22 a pair. An offer to buy 100 boots for $15 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $9, and special stitching will add another $1 per pair to the cost.Determine the differential income or loss per pair of boots from selling to the organization. Which of the following BEST describes the possible impact of tobacco use on families?A.Tobacco use can lead to financial difficulties.B.Tobacco use can cause increased incidence of illness.C.Tobacco use can lead to increased family conflict.D.all of the above Find the value for the side marked below.Round your answer to the nearest tenth.1323[?]Enter Need help ASAP!! Giving brainliest! 2) find an equation of the line theough the givenpoints. Give the final answer in slope-intercept form.(2,-2) (-1,4) How should the US respond when war breaks out between many countries, some of which are our allies? The weight of three articles is 856 kg. If two of the articles weigh 502kg, what is 1/2 the weight of the third article? Consider rolling two fair dice and observing the number of spots on the resulting upward face of each one. Letting A be the event that at least one of the dice results in 6 spots on its upward face, and E be the event that exactly one of the dice results in 6 spots on its upward face, give the value of P(E|A). (Note: This value can be easily obtained by looking at p. 2.3 of the class notes and using a reduced sample space. In fact, such an approach makes the solution so trivial, that for this problem, you dont have to give any justification for your answer.) A communications company has developed three new designs for a cell phone. To evaluate consumer response, a sample of n = 120 college students is selected and each student is given all three phones to use for one week. At the end of the week, the students must identify which of the three designs they prefer. The distribution of preference is as follows: Design 1 Design 2 Design 354 38 28Required:Do the results indicate any significant preferences among the three designs? What are the new challenges global politics has been facing in the post-Cold War world? state and explain the trends in the atomic radius and ionization energy for elements Li to Cs. Math help please due today ill give you brainlist if correct !!! Read the following excerpt from "The Significance of the Frontier in AmericanHistory":Behind institutions, behind constitutional forms andmodifications, lie the vital forces that call these organs intolife and shape them to meet changing conditions.What literary device is Turner using here?A. AnaphoraB. AlliterationC. MetaphorD. Simile what best reflects the views of the Republican Party in the late eighteen hundreds When two words with almost identical meanings have subtle differences, that is an example of a difference in theof the words:nuanceliteralnessdenotationimplication Which tense is this? Since I joined the Survey Corps, I get one surprise after another. If the diameter of the Ferris wheel is 70 feet across, find the total distance traveled in one revolution. How many atoms are in 7.0 g of Ne?