What is the difference between the domestic system and the factory system?

Q: How does the market and equilibrium relate to the real world of business in relation to managerial…

A: At the point when the market is in equilibrium, there is no inclination at costs to change. We say…

Q: What other economic trends are influencing today’s business organization?

A: Economic trend: It shows the financial performance of the country or in any particular area. With…

Q: Self-employment is the best method of solving the problem of growing unemployment in the country.…

A: Entrepreneurship is a self-employment idea that makes an person paintings and onboard others for…

Q: Differentiate between a traditional economy and a digital economy

A: This economy is primarily built by factories. The shops were on the streets. The advertisements were…

Q: Identify the gaps/flaws of Capitalist and Socialist economic systems

A: Capitalist economist - It is type of economy in t=which there is lack of government intervention and…

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: What is the Business environment like:  the country’s economic, social, cultural, levels, in germany…

A: Business Culture in Germany is described by: business correspondence, business manners, conference…

Q: The money spent by an entrepreneur to buy new machinery represents spending. exports consumption…

A: Dear student as per our guideline we can solve only one question is case of multiple question…

Q: What is the commercial market?

A: Market is defined as a region or a place where buyers and sellers interact with each other in order…

Q: Might there be a change in the market structure after the change in the law?

A: Law constitutes a system of rules and regulations which the country and their people has to follow…

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: Self-employment is the best method of solving the problem of growing unemployment in the country. Do…

A: Step-1 Self Employment A self-employed person is not hired by a single company that gives them a set…

Q: Which component of human society consists of education system, government, religion, family and…

A: A social institution is a combined set of societal rules planned around the protection of an…

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: Explain the following policies that government might want to implement for promoting economic…

A: Introduction A corporation that purchases a new production facility or engages in emerging…

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: What is market development ?

A: It is a pro active form of increasing the customer base

Q: What is gross domestic product (GDP)?

A: A nation will always try to be more healthy and terms of the prosperity of its citizens, their…

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: 1. “Self-employment is the best method of solving the problem of growing unemployment in the…

A: A number of organizations are in the marketplace. There is a lot of digitalization and technology…

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: 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: What is the poorest capitalist country?

A: Ireland is the poorest capitalist country.

Q: how the curriculum taught by universities should be adapted for the current situation

A: The covid-19 situation has created the biggest challenge to the education system. Many governments…

Q: How can the business institution help the government in creating meaningful jobs for millions of…

A: Business organizations are directly connected to the economic well-being of a nation in which they…

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: Which sector is the largest in a post industrial economy?

A: An economy can be explained as a set of various interrelated consumption, production and exchange…

Q: What is the difference between Capitalist economy and Socialist economy? Give examples in this…

A: Socialist economy is an economy in which all decisions are taken by government as what to…

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: Compare and contrast the Market-Based economic system vs. the Collective-Ownership system.

A: Market based economies utilize private ownership for the  production and voluntary…

Q: Explain the term government market?

A: It is a one of a kind and unique kind of market. The government plays a different role at this…

Q: Give one ASEAN economic issue and discuss

A: ASEAN countries: Association of South East Asian Nations. this is an economic union of Southeast…

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: What metrics can help analyze the economic environment of a country?

A: Economic components are only a portion of the uncontrollable environment which advertisers should…

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: Please discuss what forms of discrimination in the private banks of Bangladesh are happening that…

A: The banking sector has witnessed several changes in Bangladesh in the past decade due to…

Q: How do you compare employment options and product availability in communism and capitalism systems?…

A: In contrast to the communist system, in which the government is responsible for all choices,…

Q: Please explain what is Franchising

A: Franchising - It is a business arrangement or a joint venture between a franchisee and a franchiser.…

Q: What are the macro-economic dimensions of business within Amazon.com

A: Amazon is a E-Commerce company operating in the field of electronics, home appliance, FMCG,…

Q: Using practical examples, discuss how negative externalities are prevalent in Ghana.

A: The mining industry has a difficult errand intending to the negative externalities connected to…

Q: How do you survive in the market in the face of the competitors?

A: In business, competition refers to the struggle or rivalry between organizations that sell…

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: Why are there so few traditional economies today?

A: The traditional economies are the economic system that follows the customs, traditions, system, etc.…

Economic Trends

An economic trend is the long-term direction of an economy. The trend can go up, down, or sideways. An upward trend means the economy is growing and wages are rising. A downward trend means the economy is shrinking and unemployment is increasing. A sideways trend means the economy is neither growing nor shrinking.