What are 2 positives and 1 negative for Market/Capitalist economies and then 2 positives and 1 negative for Command/Socialist economies.

Answers

Answer 1
Answer:

Answer:

All of the economy types have their own unique characteristics, with some differing a lot, while some are similar. Most of the resources in a market economy are owned by the private sector, though it is very common that the government owns some of the national resources, while in the capitalistic economy, the ownership is entirely on the private sector. IN a socialist or command economy the resources are mostly or entirely owned by the government, with the private sector being minimal or non-existent. IN the traditional economy, on the other hand, the ownership is usually determined by inheritance, and since this economy type is not very fond of changes, the economic status of the people may remain the same for a very long period of time. hope this helps

Explanation:

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At an amusement park, Sue achieves an enjoyment value of 10 on her first roller coaster ride and an enjoyment value of 6 on her second ride. Her marginal benefit from her second ride is:

Answers

Answer:

The answer is 6

Explanation:

In her first roller coaster she gets a benefit of 10, Then in her second roller coaster she gets a benefit of 6. Thus, her total benefit is 16. Her marginal benefit of the second roller coaster is the total benefit after the second (16) minus the total benefit after the first (10).

Observation:

The statement is not clear about the second roller coaster, in the sense that is not clear if the second gives her a total utility of 6 (reducing the 10 of the first inf 4 units) or this 6 is a marginal utility/benefit. By the way you put it, I assume it is a marginal benefit of 6. If it is not, the correct answer should be -4, and Sue get a negative marginal benefit from her second roller coaster.

the rofit a company makes decreases exponantially at a rate of 0.9% per year. in 2014, the profit was 9500. calculate the profit in 2019

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So, we need to find the amount

Amount=P(1-R/100)^n

=9500(1-0.9/100)⁵

=9500(100-0.9)/100)⁵

=95×99.1×(99.1/100)×(99.1/100)×(99.1/100)×(99.1/100)

=9080.12606

Hence, the profit in 2019 was 9080.12606

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If a nation exports more than it imports, it has a tradea. deficit.
b. surplus.
c. balance.
d. stability.

Answers

The best answer to the question above would be letter b. surplus. If a nation exports more than it imports, it has a trade surplus. A trade surplus is when the nation has too many goods and they have to export it. Importing would be a bad decision since more goods are added to the economy.

Final answer:

When a nation exports more than it imports, it has a 'trade surplus', indicating a positive balance of trade. This is part of the concept of balance of trade, which is an important aspect of a nation's economic health.

Explanation:

If a nation exports more than it imports, the country is considered to have a trade surplus. What this means is, the value of its exports is higher than that of its imports. Therefore, money is coming into the country more than it is departing, thus indicating a positive balance of trade. Conversely, if a country were to import more than it exports, that would mean it has a trade deficit.

A trade surplus and a trade deficit are part of the concept of balance of trade, which is a crucial aspect of a nation's economic health.

Learn more about Trade Surplus here:

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how long is a patent good for in the united states? question 34 options: 5 years 7 years 10 years 17 years

Answers

A patent is good for 20 years from the filing date of the application in the United States. However, this does not match the options you provided (5 years, 7 years, 10 years, 17 years). Please double-check the options and let me know if there are any updates or corrections.

Whoever invents or discovers any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof, may obtain a patent therefor, subject to the conditions and requirements of this title. There are three types of patents: utility, design, and plant. A U.S. utility patent, explained above, is generally granted for 20 years from the date the patent application is filed; however, periodic fees are required to maintain the enforceability of the patent. The term for which a utility patent is valid is generally 20 years from the date of filing, and the term for which a design patent is valid is generally 15 years from issuance.  However, this does not match the options you provided

Learn more about patent here: brainly.com/question/30478860

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It is early in the year, and Keesha would like to start saving money for next year’s holiday presents. What type of account should Keesha open?

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Keesha should open up a savings account if she is trying to save money for holiday gifts

Answer:

So a club account

Explanation:

The elasticity of demand isa. the level of necessity of a good or service.
b. the degree that changes in a good's price affect the quantity demanded by consumers.
c. the amount of complements and substitutes that a good or service has.
d. the change in a good's price after demand rises.

Answers

It's B the correct answer. Elasticity simply define as the change of the price on the deman and supply. I have studied this. So I am sure it's B. Hope I can help you