Name four things about our current economic system that would like to change, and briefly explain why

Q: Concepts of justice are related to economics under the topic of ____, wherein the concepts of John…

A: Answer- Need to find- Concepts of justice are related to economics under the topic of ____, wherein…

Q: Which of the following economic systems are concerned with addressing the fundamental economic…

A: The correct answer is;

Q: In France, government actions and market forces together guide the economic activities. Prices of…

A: An economic system refers to the means by which the distribution of resources, goods, and services…

Q: Discuss whether a government should always pursue a policy of free trade

A: The capacity of countries to import and export goods without tariffs or other restrictions is…

Q: Imagine that you are in your classroom with 30 other students and your professor places in front of…

A: Economics is the study of how the scarce resources of society are exploited. Economics is a social…

Q: Explain the economic influence China has in the world

A: China being the most populated country in the world is also one the most influential nations.

Q: Jan Aart Scholte has argued that at least five broad definitions of ‘globalization’ can be found in…

A: Globalization is a concentrated type of internationalization, according to Scholte, and " global "…

Q: Imagine that the leaders of a poor nation with a centrally planned economy become willing to try a…

A:

Q: An economic system that is based on customs, skills, and cultural beliefs is Traditional True or…

A: According to the given question An economic system is the merging or the combination which actually…

Q: market economic systems and command economic system countries differ fundamentally both in problems…

A: Note: In the BNED guidance only the first question can be answered at a time. Resend a question if…

Q: Examples of Globalization are Select one: Pa All of the above b. Selling local products in the…

A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

Q: Which of the following types of economy describes the economy of the SULTANATE OF OMAN? A ) Amarket…

A: Market Economy: In this economy, the production and prices are determined by the private ownership…

Q: Label each of the following statements as positive or normative: v The power of population is so…

A: Positive statements are based on facts, actual data, and these statements can be checked whether it…

Q: How is culture like an iceberg? In a short essay, explain the relationship between the iceberg…

A: Iceberg is a metaphor utilized for .Culture resembles an iceberg.Many parts of culture are not…

Q: What is the economic thought of: Ancient Greece Islamic Thinkers Scholastics

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: will happen to the country or world if there is no economic system?

A: Everyone would be totally self-sufficient, sitting around their very own fires, Preparing no matter…

Q: What does it mean to have a globalized economy? International trade is significant to all continues…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: economic system differ from the American economic system in terms of the relationship between state…

A:

Q: which types of economic system is following in given countries, shortly describe  their…

A: An economic system refers to the means by which a particular government/society organizes and…

Q: Which of the following is not true about a mixed economic system?   a Some of the major resources…

A: A mixed economic system is secured from the amalgamation of a free-market and a command economy. It…

Q: What are the ultimate reasons for analysing the economic performance of a country or market

A: The focus of economic analysis is on determining costs and benefits.To aid resource allocation, it…

Q: Positive economics is: a. An investigation or statement that attempts to examine or understand how…

A: Positive economics is a stream of economics focused on identifying, quantifying, and explaining…

Q: Why does globalization require a country to adopt a liberal market economy?

A: Meaning of Market: The term market refers to the situation under which the producers or the…

Q: Which of the below statements is INCORRECT about about a specific market economy such as the U.S.…

A: In a market economics government bureaucrats direct everything from a number of bars of soap a…

Q: Prices and wages help coordinate economic activities. Why?

A: People buy and sell commodities and services in monetary terms to satisfy their daily requirements,…

Q: Three strategies that have been used/ implement by different countries to reduce the negative…

A: Globalization is described as the spread of technology, products, jobs, and information across…

Q: What is globalization in contemporary world? What is globalization in simple words? What is the…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: What is the difference between opportunity zones and enterprise zones?

A: The investment refers to the expenditures which are made by the individuals in order to earn profits…

Q: In what ways has free trade helped the economy? In what ways has free trade hurt the economy?

A: Trade takes place between countries. In trade there is export and import of goods and services…

Q: The following is one of the four Asian tiger economies Select one a. Indonesia b. Thailand c.…

A: Answer - Asian tiger economies - The asiasn tiger economies are those economies which show…

Q: Write True on the space if the statement is correct. If it is false, explain why it is so.  9.…

A: In economics, people study various concepts related to the marketplace and the whole economy when…

Q: c system which lasted in Europe for 700 years was called?

A: ‘Economic system’ is also called ‘economic order’. It refers to a system of the allocation of…

Q: Why is it brazil,india, and china is the most dynamic economies today?

A: Brazil, India and China are part of the BRICS.   Brazil, Russia, India, and China (BRIC) are…

Q: Explain characteristic of following  economic system: Command economic system

A: The economic system would depend on the power and functions on the various economic agents involved…

Q: Discuss China following more of a planned economic system also referred to as a socialist economy

A: In comparison to a capitalist economic system, which produces products and services to create…

Q: The basic principles of economics suggest that   a.  markets are seldom, if ever, a good way to…

A: There are 10 basic economic principles according to Gregory Mankiw.   Government should become…

Q: Give an example of how a nation's culture affects its economic system.

A: An economic system is a way for governments or communities to distribute and organise resources,…

Q: What are the two ends of the continuum of economic systems?   Trade deficit;Trade surplus…

A: Basic:   Continuum of economic systems are hybrid in nature where concepts of capitalism and…

Q: An economic system is a mechanism that is used to organise an economy and to determine how the three…

A: An economic system is any system of dispensing scant resources. Economic frameworks answer three…

Q: Members of some market-oriented and command economies seem to pity or look down upon people living…

A: Answer 1. A traditional economy is one that is based on traditions, history, and long-held ideas.…

Q: If the future leader of our country will use the ideas and principles of Marxism, how can it…

A: As per Karl Marx version of economics, People depend on basic amenities without which they can never…