Question: Is it necessary to have democracy to have a free
Is it necessary to have democracy to have a “free enterprise economy”? Can a free enterprise economy and totalitarianism coexist?
Answer to relevant QuestionsWhy does corruption negatively affect economic growth and standards of living? Why is corruption like a tax on doing business?What is the purpose of corporate governance?Suppose that an employee has two tasks to perform—assembling machinery and evaluating quality. Suppose that the supervisor can only observe how many machines have been assembled by the worker. Is a hierarchical firm ...It has been suggested that large, tall hierarchies will predominate in physical capital intensive industries, and these will typically have seniority-based promotion policies. By contrast, flat hierarchies will be seen in ...The oil well Maconda exploded in the Gulf of Mexico in 2010, killing 11 people and creating a huge oil spill. BP did not own the Deepwater Horizon platform, but leased it from a company called Transocean. In what sense is ...
Post your question