1. Restructuring a. is the change in the structure of output. b. substitution of machinery for labor. c. the change of corporate governance arrangements aimed at replacement of the state by private economic activity. d. increase in the role of state during transition,
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- Which of the following description best characterizes capitalsm? a)Society decides what,how and for whom to produce b)Ownership of the means of production resides with a small group of individiual. c)it is an economic system based on individuals goodwill toward others10. A type of corruption where policy implementation skewed to the advantage of some is term........ a. Petty b. Systemic c. Grand d. Bureaucratic e. Bribery 11. How many new local government units have been created in Ghana since 2017? a. 260 b. 16 c. 275 d. 54 c. 90 12. When a policy provides tangible resources or substantive power to its beneficiaries on one hand and impose cost on others, it is a. Material and Symbolic b. Distributive and Regulatory c. Redistribute and Private d. Material and Regulatory e. Material Policy12- Capitalist economies have these features, except __________. a. State control of the factors of production b. Profit motive c. Consumer's freedom d. Private ownership of resources
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- 2) Which of the these characteristics should economies follow and why? Include three of the characteristics and the two of the government interventions in our economy. Economic Freedom Competition Equal Opportunity Binding Contracts Profit Motive Property Rights Limited GovernmentPls help with below homework, dont copy answer from chegg. How does rising organic composition of capital threaten profitability in the capitalist system and What counter-tendencies prevent a secular decline in the rate of profit?The socialist movement is the largest among the significant opposition against economic globalization and thecapitalist system. It is known to have two major blocs, the Anarchists and the Communists. Research more on thesetwo socialist forces. What are their commonalities? What are their differences? What are their views towardsglobalization?
- Which from the three given theories (X, Y, (Douglas McGregor theory) Z (Dr. William Ouchi theory) expressed the human side of an organization. Explain1) Generally, a high GDP per Capita indicates a developed nation. a) Sometimesb) With exceptionsc) Trued) False 2) With the advent of globalization and the WTO operations, which of this ishappening or have happened? a) Free-Market Analysisb) Public-Choice Theoryc) Chenery Modeld) Neocolonial dependence modele) Market-Friendly Approach____________ is a term which refers to the widespread use ofpower-driven machinery and the economic and social changes that resulted in thefirst half of the 1800s. a)Industrial Revolution b)Capital deepening c)Living standard d)Technology