An economy in which individuals make most of the economic decisions is called: socialist economy. capitalist economy.

Fantastic news! We've Found the answer you've been seeking!

Question:

An economy in which individuals make most of the economic decisions is called:

socialist economy.

capitalist economy.

Directed economy.

All of the above.

None of the above.

Related Book For answer-question

International Marketing And Export Management

ISBN: 9781292016924

8th Edition

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

See More Books

Posted Date: Feb 07, 2024 04:21 AM

See More Questions

Marx and Engels were two of the most important philosophers in history. Their influence is widely spread around the world to this day. Marx and Engels are deeply critical of the system of life that...
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
Based on the scenario provided below, write a well-organized essay conforming to the following requirements. The first page should be your title page; the last page is your bibliography of sources....
Comment on how investing differs for both short and long-term investments.
What does customer engagement mean?
The metal detector will not detect insulators because A. Insulators block magnetic fields. B. No eddy current can be produced in an insulator. C. No emf can be produced in an insulator. D. An...
Multiple-Choice Questions 1. A company is producing 1,000 units. At this output level, price is $1.50, and marginal revenue is $1.25. Average total cost is $1.10, and marginal cost is $1.40. What can...
Jackie is a multi-millionaire. She decides to give back to the community and pledges $1 million to the Houston Children's Hospital (HCH) to add a new playground. Upon Receiving the pledge, HCH starts...
Consider the following data as of July 2015 for Walmart and Target Corporation (in $ billion): Walmart (WMT) Target (TGT) Sales 485.7 73.1 EBIT 26.6 4.5 Depreciation and Amortization Net Income...
Un empleado se encuentra insatisfecho con la resolucin de un conflicto tico en su lugar de empleo. De acuerdo con el Instituto de Contadores Administrativos (Institute of Management Accountants), el...
As we can see from the Ury and Gallo readings and from the Elizabeth Lesser TED Talk, we are often interacting with people who appear to be difficult or whom we sometimes have trouble understanding....
The main purpose of the Chrysler assignment is to think of the various factors that Chrysler may have considered before changing its inventory valuation method. One of the factors might have been...
Whilst CPM/CPA is a widely adopted project management tool, what are its disadvantages? NOTES: Please give pros and cons and real company examples of where it has FAILED and worked Please answer...
Mark Brown recibi su licenciatura en administracin. Su GPA es 3.6 y obtuvo una C en Contabilidad Gerencial. Su nuevo empleador le ha pedido que implemente en el sistema de contabilidad general y que...
Coirparn the pictures in cach set Rook roled uphit and downhit. (Image Source: osnnolen onimpon 1. What can you say about the pictures? 2. How do you compare the pictures? 3. Which one is more...
Refer to the Conservation Ecology (Dec. 2003) study of the causes of forest fragmentation, presented in Exercise 2.166 (p. 97). Recall that the researchers used advanced high-resolution satellite...
Distinguish between legal, political, and governmental influences on the international marketer.
Is it not better for an exporting company to use and objective measure of performance rather than a subjective measure? Discuss.
Which distance is most important to a manager who is considering foreign markets to enter?
Consider the homogeneous bar, of negligible cross section, mass $M=1.333 \mathrm{~kg}$ and length $L=60.0 \mathrm{~cm}$ in Fig.12.19 . It is constrained to rotate in a vertical plane about its...
A projectile of mass $m=2.5 \mathrm{~kg}$ is shot tangentially (see Fig.12.19) at the edge of a ring having radius $R=50 \mathrm{~cm}$ and whose mass is equal (within measurement errors) to that...
A homogeneous disk, having mass $M=2.50 \mathrm{~kg}$ and radius $R=15.0 \mathrm{~cm}$, can rotate, without friction, about a fixed horizontal axis, passing through the point $\mathrm{O}$ of...

An economy in which individuals make most of the economic decisions is called: socialist economy. capitalist economy.

Question:

Expert Answer:

The detailed answer for the above question is provided below The answe... View the full answer

International Marketing And Export Management

Students also viewed these economics questions