Economic Theories
Use the drop-down menus to indicate the type of economy found in each country.
1. In this country, the government tells an appliance factory that it must produce a minimum of one thousand
refrigerators, People are assigned jobs at the factory based on their abilities, and the government determines
how much they will be paid. The government decides how much a new refrigerator will cost,
2. In this country, an appliance factory produces one thousand dishwashers per month. People want more of its
dishwashers because of their high quality, so the company hires additional workers. The company decides
what the workers' wages will be and how much the dishwashers will sell for. Most of the profits go to the
company's owners,
Answers
Answer:
1. Command economy.
2. Capitalist economy.
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.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Command economy.
III. Traditional economy.
IV. Capitalist economy.
A command economy also referred to as planned economy, can be defined as a type of economy in which the government owns and control the means of production.
Generally, a command economy requires that the quantity of goods, method of exchange, distribution, sales price, employees or worker's wages, investments, as well as the means of production of goods and services and allocation of resources for production should be controlled or regulated by the public (government) rather than the private sector (free market).
A capitalist economy also referred to as free-enterprise system, pure capitalism, or free market 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 capitalist economy 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 capitalist economy is a type of economy that is completely driven by demand and supply of goods and services.
Answer:
1. socialist
2. capitalist
Explanation:
Related Questions
What date is it today?
Answers
Answer:
12 Agust 2021( Thursday )
Explanation:
Which of the following was a well known abolitionist?
A. Sullivan Ballou
B. Wendell Phillips
C. Jefferson Davis
D. Abraham Lincoln
Answers
jefferson davis was a abolitionist
Which of the following events caused an increase in public support of the
International Ladies' Garment Workers' Union?
A. Triangle Shirtwaist factory fire
B. Homestead Strike
C. Haymarket Affair
D. Pullman Strike
SUBMIT
Answers
where did president George Washington live in rocklandcounty new yorkwhere did President George Washington live in Rockland County New York
Answers
Answer:
new York i think I don't know
Why were some achievements of progressive reformers short-lived?
Most people did not support the new laws.
The Supreme Court struck down many new laws.
State and federal legislatures would only pass new laws.
Answers
Answer:
Explanation:
The Supreme Court struck down many new laws.
Answer:
(B) the supreme court struck down on many new laws
Explanation: Edg 2021
how did the arrival of europeans affect both native american and european culture
Answers
Answer:
European colonization of North America had a devastating effect on the native population. ... The natives, having no immunity died from diseases that the Europeans thought of as commonplace. They also brought guns, alcohol and horses. The effect of these was to change the way of life for the Native Americans.
Answer:
The arrival of the Europeans affected the Native Americans because they brought guns, horses, and alcohol. The Native Americans showed the Europeans how to fertilize crops and make farming easier.
The Europeans brought diseases that Native Americans were not naturally immune to due to never being exposed to the sickness like Europeans did, and many Native Americans died. Europeans would (much later) end up stripping Native American children of their culture with Indian boarding schools, remove the Native Americans from their land and move them to different countries to try to make more room for European settlers, and were generally not very nice to the Native Americans.
Which of the following is not true of railroads during the late nineteenth century?
Answers
Available Options
A. led to new managerial forms and techniques
B. was often capitalized beyond what was needed
C. opened new territories to commercial agriculture
D. accelerated the growth of some older cities and created new ones
E. was financed by private corporations without government assistance
Answer:
was financed by private corporations without government assistance
Explanation:
Considering the available options, the statement that is not true of railroads during the late nineteenth century is that railroads "was financed by private corporations without government assistance."
This is evident when eighty percent of the transcontinental railroads that were built between 1869 to 1900, were developed with assistance from the federal government through land grants.
This was after the United States Congress passed the Pacific Railway Act, in 1862, which granted the authorization of the transcontinental railroad construction.
How has 40% of the land being covered by tropical rainforests
affected the way humans interact with their environment in South America
Answers
Answer:
Explanation:
We are losing Earth's greatest biological treasures just as we are beginning to appreciate their true value. Rainforests once covered 14% of the earth's land surface; now they cover a mere 6% and experts estimate that the last remaining rainforests could be consumed in less than 40 years.
One and one-half acres of rainforest are lost every second with tragic consequences for both developing and industrial countries.
Rainforests are being destroyed because the value of rainforest land is perceived as only the value of its timber by short-sighted governments, multi-national logging companies, and land owners.
Nearly half of the world's species of plants, animals and microorganisms will be destroyed or severely threatened over the next quarter century due to rainforest deforestation.
Experts estimates that we are losing 137 plant, animal and insect species every single day due to rainforest deforestation. That equates to 50,000 species a year. As the rainforest species disappear, so do many possible cures for life-threatening diseases. Currently, 121 prescription drugs sold worldwide come from plant-derived sources. While 25% of Western pharmaceuticals are derived from rainforest ingredients, less that 1% of these tropical trees and plants have been tested by scientists.
Most rainforests are cleared by chainsaws, bulldozers and fires for its timber value and then are followed by farming and ranching operations, even by world giants like Mitsubishi Corporation, Georgia Pacific, Texaco and Unocal.
There were an estimated ten million Indians living in the Amazonian Rainforest five centuries ago. Today there are less than 200,000.
In Brazil alone, European colonists have destroyed more than 90 indigenous tribes since the 1900's. With them have gone centuries of accumulated knowledge of the medicinal value of rainforest species. As their homelands continue to be destroyed by deforestation, rainforest peoples are also disappearing.
Most medicine men and shamans remaining in the Rainforests today are 70 years old or more. Each time a rainforest medicine man dies, it is as if a library has burned down.
When a medicine man dies without passing his arts on to the next generation, the tribe and the world loses thousands of years of irreplaceable knowledge about medicinal plants.
Which best states how ideas from classical philosophy were apply to renaissance government
Answers
Answer:
A.) Ideas from classical philosophy were used to improve the structure and organization of government.
Explanation: i took the test
Answer:
A) Ideas from classical philosophy were used to improve the structure and organization of government.
Explanation:
Edge 2022
La filosofía es una ciencia?
Answers
Answer:
filosofía es una ciencia
Explanation:
What was the purpose of the Federalist Papers?
Answers
Answer:
The Federalist Papers were written and published to urge New Yorkers to ratify the proposed United States Constitution, which was drafted in Philadelphia in the summer of 1787
need help please with these
Answers
Explanation:
In my opinion Americans were limited by education .
Answer:
c
Explanation:
What did the Chinese people believe in?
A. Religion that emphasizes reincarnation
B. Religion that entails ending human suffering through reaching the enlightenment
C. Religion founded by the prophet Muhammad and is taught by the Koran
D. A non-theistic religion that celebrated human potential and self-improvement
Answers
The answer is A!
Hope this helped you! Please follow my account & rate my answer 5⭐, thanks!
Answer:
..B as Confucianism, Taoism, and Buddhism are considered the “three pillars” of ancient Chinese society. As philosophies and religions, they not only influenced spirituality, but also government, science, the arts, and social structure.
What is one major reason governments create laws?
O A. To give some citizens special privileges
OB. To maintain order in communities
O C. To stop citizens from voting
O D. To reduce the power given to juries
Answers
Answer:
B. To maintain order in communities
Explanation:
Answer:
Option (B) To maintain order in communities
8. The following excerpt is from President Franklin D. Roosevelt.
When, on March 11, 1941, the Lend-Lease Act first became law, Britain stood virtually alone
before the tide of Axis aggression, which had swept across Western Europe. Everywhere the
peace-loving peoples of the world were facing disaster. But the passage of the Lend-Lease Act
gave firm assurance to those resisting the aggressors that the overpowering material resources of
the United States were on their side.
Which factor contributed to the extension of the act discussed in this excerpt?
A. Allied nations needed supplies to continue the war effort against Nazi Germany.
B. Neutrality prevented Americans from boarding ships belonging to nations at war.
C. Reparation payments from former Allied nations were suspended by executive order.
D. The Kellogg-Briand Pact called for participants to refrain from warfare to resolve conflicts.
Answers
Answer:
The Answer is A
Explanation:
This is because the UK was all alone fighting against Nazi Germany ever since the fall and surrender of France so Churchill asked FDR to join the war while FDR wanted to stay neutral but at the same time help their Allies and also citizens in America were against joining in. Not only that, the Lend Lease Act also reached to the Soviet Union and China.
One of the principles stated in the Declaration of Independence is that government should
O have unlimited power to rule the people
be based upon the consent of the governed
O guarantee economic equality among citizens
be led by educated citizens
Answers
Which of the below is not a characteristic of the agricultural revolution?
A.) Populations began to decrease
B.) Man learned to farm and produce enough food to support communities
C.) Communities became larger
D.) Societies were no longer nomadic and stayed in one place
Answers
Answer:
D.) Societies were no longer nomadic and stayed in one place
Populations began to decrease is not a characteristic of the agricultural revolution.
The first agricultural revolution is a concept to refer to the revolution in which the first human communities:
Abandoned nomadism Settled in a place to practice agricultureBuild buildings and establish towns that would later be civilizations.Agriculture allowed the first communities to have enough food for all the settlers. In addition, the first agricultural revolution allowed the growth of the population because when the communities were nomads they were exposed to dangers such as:
Harsh weather conditionsWild animalsFood shortagesConflict with other communities.While settling in a place they had a greater life expectancy.
According to the above, options B, C and D are characteristic of the agricultural revolution, while A is not a characteristic because the population grew during that time.
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How does anasi influence children ?
Answers
Answer:
i hope this helps <3
Explanation:
Anansi was a very smart but mischievous (troublesome) god who was changed into a spider by his father Nyame for not giving up his mischievous ways. Anansi stories are often funny and teach kids lessons about the consequences of making bad choices, and that it's much better to be smart than to be strong.
What is true about the Republican Party during this time ?
Answers
Q: What was Lincoln's plan for Reconstruction?
Answers
Answer:
The Proclamation of Amnesty and Reconstruction was Lincoln's plan to reintegrate the Confederate states back into the Union, granting presidential pardons to all Southerners (except political leaders) who took an oath of future allegiance to the Union
Explanation:
Answer:
The Proclamation of Amnesty and Reconstruction was Lincoln's plan to reintegrate the Confederate states back into the Union, granting presidential pardons to all Southerners (except political leaders) who took an oath of future allegiance to the Union.
Explanation:
Lee is in customer service. How can she best support her internal customer, Dan? O al Prioritize other tasks and customers O b) Ask him a lot of personal questions O c) Give him her full attention when he's speaking O d) Check with him before completing basic tasks
Answers
Answer:
B i think
Explanation:
An argumentative thesis differs from an explanatory thesis because it:
A. includes citations for all the sources that support it.
B. must propose an idea that can be challenged by the reader.
C. summarizes the main point of an original essay.
D. cannot be based on generalizations of any kind.
Answers
A. Includes citations for all the sources that support it.
In what manner was the genocide carried out?
Answers
Answer:
according to United Nations General Assembly, genocide is defined by
killing members of a group
causing serious bodily or mental harm to members of a group
deliberately inflicting on the group conditions of Life calculated to bring about its physical destruction
imposing measures intended to prevent births within the group
forcibly transferring Children of the group to another group
Choose the true statement about events that led to uncovering President Richard Nixon's role in the Watergate scandal. President Nixon confessed to wrongdoing in order to avoid an impeachment hearing. An anonymous source implicated the White House to two Washington Post reporters. President Nixon refused to release the content of the subpoenaed White House tapes to Congress in any form. The Federal Bureau of Investigation ordered wiretaps on all telephones in the White House, including the president.
Answers
Answer:
Choose the true statement about events that led to uncovering President Richard Nixon's role in the Watergate scandal.
Explanation:
The government never wiretapped Nixon. Actually, their investigations were limited due to obsructions from President Nixon.
Nixon ended up releasing the tapes to his Watergate scandal.
He also resigned right before he could be impeached.
Washington Post reporters Bob Woodward and Carl Bernstein uncovered the scandal thanks to an anonymous whistleblower they called Deep Throat.
To what area did Euclid contribute to Western civilization?
A Mathematics
B Drama
C Sculpture
D Philosophy
J
Answers
Answer:
A: mathematics.
Explanation:
Mostly mathematics.
If you dislike geometry, you can blame Euclid for that. He is likely the father of all branches of geometry.
Answer:
A: Mathematics
Explanation:
There are two kinds of geometry: Euclidean and non-Euclidean geometry. Using logic, geometry is mathematics and both kinds of geometry have Euclid's name in it. Therefore, Euclid contributed to Western civilization in the mathematics field.
with more women seeking work, and jobs openly
defined by sex, what would you predict would happen in the 1960s?
Answers
The Selective Service was designed to
Answers
Answer:
On May 18, 1917, Congress passed the Selective Service Act, which authorized the Federal Government to temporarily expand the military through conscription. The act eventually required all men between the ages of 21 to 45 to register for military service.
Q: Which of the following BEST describes Reconstruction? Select one: O a. It was a short period of time when African Americans enjoyed new rights. These rights were quickly taken away. O b. Reconstruction was the time period leading up to the Civil Wa O c. It was a period of cooperation between Republicans and Democrats. O d. It was a period of cooperation between the Northern and Southern states.
Answers
Answer:
a. It was a short period of time when African Americans enjoyed new rights; these rights were quickly taken away.
Option A: It was a short period of time when African Americans enjoyed new rights. These rights were quickly taken away.
What is Reconstruction ?Reconstruction refers to the period following the Civil War of rebuilding the United States. The Reconstruction era was the period after the American Civil War from 1865 to 1877, during which the United States grappled with the challenges of reintegrating into the Union the states that had seceded and determining the legal status of African Americans.
Civil war and ReconstructionAs a result of the Union victory in the Civil War and the ratification of the Thirteenth Amendment to the Constitution (1865), nearly four million slaves were freed. The Fourteenth Amendment (1868) granted African Americans citizenship, and the Fifteenth Amendment (1870) guaranteed their right to vote.
Thus, Reconstruction is best described as a short period of time when African Americans enjoyed new rights. These rights were quickly taken away.
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why do you think early American read so much work produced in England?
Answers
Answer:
The basic assumption for "Early Americans" or at least "Early United Statians", is that, quite frankly, their ancestors came from Great Britain, whether they were fleeing religious persecution, or that they were inmates that were sent west to help relieve overflowing prison system, or even prospectors and adventure seekers. They would establish settlements such as Roanoke and Jamestowns, and with new incomers as well as a growing population, would slowly expand. Remember, these settlers were primarily from England, meaning that English would be their primary language. As such, any works they would read would be in English, and that left mainly works produced in America by British colonists, or else it would simply come from England. Unless they understood a different language, those would be the two places of origin for the information and reading materials that they would acquire.
24
An experiment was carried out to investigate growth response in a maize seedling as
shown in the diagram below.
Wh
Sunlight
WW
At the beginning
After 5 days
What type of response was being investigated above?
Biology/5090/1/2020
Answers
Answer:
Radicle moves downward towards soil while on the other hand, plumule moves upward towards sunlight.
Explanation:
At the beginning of emergence, radicle and plumule comes out from the seedling in which radicle moves downward towards soil while on the other hand, plumule moves upward towards sunlight. During this movement, the seedling use stored food present in the seed until it started preparing food their own. After the seedlings comes out of the soil it started to make their own food through the process of photosynthesis.
Answer:
Radicle moves downward towards soil while on the other hand, plumule moves upward towards sunlight.
Explanation:
