The Walt Disney Company reported the following in its 2016 annual report (in millions): 2016 2015 2014 Net income $ 9,400 $ 8,400 $ 7,500 Net cash provided by operating activities 13,200 10,900 9,780 Purchase of parks, resorts, and equipment (4,800 ) (4,300 ) (3,300 ) Required: Based solely on the results reported above for the three years, did Walt Disney Company need external financing to purchase parks, resorts, and equipment during these years?

answer; ///i believe the correct answer is (c) laissez-faire;

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer trochanter; i believe this is correct, plz check first, good luck;