Social Studies, 28.06.2019 03:30 dd50
The growth of the free enterprise system was one of the most important economic developments in the early history of the united states. which statement best describes a free enterprise system? a) the government owns most factors of production needed to make goods and services. b) individuals participate in business activities with little government interference. c) the means of production are owned and controlled by society through the government. d) decisions about what to produce and for whom to produce are made by a central authority.
Answers: 1
Social Studies, 21.06.2019 15:30
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Social Studies, 22.06.2019 12:30
Give an example of a situation in which an individual's pursuit of economic self-interest may not benefit but instead harm the rest of society
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Social Studies, 22.06.2019 17:20
In a small, closed economy, national income (gdp) is $350 million for the current year. individuals have spent $100 million on the consumption of goods and services. they have paid a total of $60 million in taxes and the government has spent $75 million on goods and services this year. use this information and the national income identity to answer the questions. how much does the economy spend on investment?
Answers: 1
Social Studies, 22.06.2019 22:00
People are willing to pay more for a diamond than for a bottle of water because
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The growth of the free enterprise system was one of the most important economic developments in the...
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