Explain why is the enterpreneurial spirit vital to the health of the nation's economy

Q: Explain Economic Life and Obsolescence?

A: Real estate is described as a property that is made up of buildings upon the land and it also…

Q: How would a decrease in Social Security benefitsto retired persons affect the economy?

A: Social Security provides benefits for: Retired  Unemployed Disadvantage  Since 2010, social…

Q: How does market society contributes to the growth and development of the country and its economy

A: Marketing has played a vital role in the economic development of the whole country. It has also…

Q: State the common Measures Used to Evaluate a Nation’s Economic Health.

A: We are inundated with economic news every day. We've been told that the economy is in trouble, that…

Q: Contrast and compare the mercantilist and scholastic approaches to analyzing an economy.

A: Economic analysis is the study of economic systems through various angles. It can be a study of a…

Q: when our nation enjoys economic growth, what usually happens to domestic economic problems?   a.…

A: THE ANSWER IS AS BELOW:

Q: Explain the term economic environment?

A: Marketing environment determines the factors that affect the market. It includes internal factors…

Q: 5. Explain the concept of economics.

A: Social science can be explained as the science that is dedicated towards studying and examining the…

Q: Why is the American economy called a mixed economy?

A: The American economy is said to be a mixed economy because both government and privately owned…

Q: List atleast five effects of Market Failure on human, society, and economy.

A: The impacts of market failure on human, society and economy are explained below in the following…

Q: The long-run effects of rent control support one of the five foundations of economics, namely, that…

A: The impact of rent control on tenants and housing markets provides insight into the impact of rent…

Q: Globalization - its essence and influence on world economics

A: The countries of the world today have established a close connection among themselves due to…

Q: of these are measures of national income, except, a GNP b. GDP c Net Labor force d. Net National…

A: Gross national product,Gross domestic products and Net national product are all different ways of…

Q: a. Identify the gaps/flaws of Capitalist and Socialist economic systems. b. What mechanism Islamic…

A: Identify the gaps/flaws of Capitalist and Socialist economic systems. Free enterprise and communism…

Q: Briefly explain the Mercantilist’s perspective on the role of Government in the economy and with…

A: Mercantilists emphasize the government's role in strengthening the economy by encouraging…

Q: why economists are sceptical about industrial policies? Please provide specific reasons?

A: Industrial policies are a set of rules implemented by the government to promote industrial…

Q: What market position should we try to establish in our country, in our economic region, and…

A: Positioning of market involves placement of products cautiously in order to avail maximum…

Q: 4-5 Identify consumer and marketer reactions to the state of the economy

A: State of the economy is important from business point of view. Firms have to understand the state of…

Q: What are the three types of economic systems? What criteria can we use to evaluate them? Explain

A: An economic system can be defined as a system which involves the use of money in the activities like…

Q: 1. What is the current economic climate?

A: ANSWER: NOTE: ACCORDING TO BARTLEBY WE CAN ONLY ANSWER ONE QUESTION AT A TIME IF YOU WANT US TO…

Q: __________The American economy is now characterized as a(n) __________ economy. a. civilized b.…

A: Despite accounting for less than 5% of the global population, Americans generate and earn more than…

Q: what is the definition of nepotism

A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…

Q: Define economic system, and explain thegovernment’s role in a free-market economy

A: An economic system can be defined as the production system, distribution of goods, resource…

Q: Economics Winemaking has remained largely unchanged for 7,000 years, but the United States wine…

A: The phrase "structure conduct performance model" relates to an analytical framework which describes…

Q: five economic challenges faced by businesses today and ways of overcoming those challenges

A: For example, hundreds of mattress companies have sprung up in recent years, each claiming to…

Q: economics, and management. Write your own coonections between marketing a economics and marketing to…

A: The concept of marketing and economics and the concept of marketing and management are related as…

Q: (1) Why is entrepreneurship considered a factor ofproduction? (2) Why is GDP considered a…

A: Note: We have answered question no. 1 as the question that needs to be answered is not mentioned.…

Q: Why is transparency among the people important in the market society?

A: Transparency means being honest towards the operations which one adopts.  It means doing your work…

Q: Why is entrepreurship an important driver for economic growth and development in a country

A: Entrepreneurship is the process through which innovative and creative ideas have been taken…

Q: What is the role of the business market consists of institutions?

A: A market involves groups of purchasers and suppliers. The business market is very different from the…

Q: Define economics, explain why scarcity iscentral to economic decision making, andidentify the major…

A: Economics can be defined as the study of how people interact or deal with the value in the case of…

Q: What is happening with respect to the distribution of wealth and income in the United States since…

A: Unites States since 1070's Income distribution In the beginning of the 1970’s the income gap…

Q: why does poverty represent the greatest threat to social stability?

A: Poverty is a state or condition where an individual or society does not have the monetary assets and…

Q: In economics, what do you call a good, if consumers must experience it to value it?

A: Knowing a customer’s perspective is an essential element for a product to make its place or image.…

Q: Which of these economic environment events will give be favorable? A. increase in population B.…

A: Whenever the employment rate is high in the market then definitely people will have more purchasing…

Q: Economics Winemaking has remained largely unchanged for 7,000 years, but the United States wine…

A: An analytical framework that describes the relationship between economic or market structure, market…

Q: What is the interconnected relationship between marketing and economics

A: The way the marketers push their their product or service in the market depends on the economic…

Q: what is a free rider in an economy

A: The free rider issue is an economic notion of a market failure. Public goods generally encounter a…

Q: Is gross domestic product a reliable indicator of a nation’s economic health? What might be a better…

A: Gross Domestic Product (GDP) is the largest significant evaluation of the aggregate economic…

Q: Monetary Policy differentiate Fiscal Policy

A: Monetary and Fiscal policies are widely accepted tools that impact the country's economic…

Q: Describe how interest operates in a free-market economy and establisha basis for understanding the…

A: Free market economy is all about how the demand and supply in the market happens without any…

Q: The economy of the United States is a free-enterprise system. True False

A: The given statement is true, as the economy of united states is a free-enterprise system. Free…