Is government participation in our business system good or bad?

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: 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: Explain how to reduce the national debt and still stimulate business growth?

A: Short term debt financing can be elucidated as those foundations of debt that have a maturity period…

Q: The risk of failure is an inherent part of free enterprise. Does society have an obligation to come…

A: Аn  entreрreneur  саn  be  defined  аs  а  рersоn  whо  is  resроnsible  fоr  the  сreаtiоn  оf  а…

Q: Identify THREE public policies that can stimulate employment and facilitate economic growth in an…

A: There are three types of public policy that can promote economic growth: 1. Increase in education…

Q: Do you think that a social business model could be transferred to other developing markets? Why?

A: Social business model means business who uses social media tools and its technique and network…

Q: What is the impact of money laundering, conflict of interest, and pyramiding in the business and…

A: Money laundering, Conflict of Interest, and Pyramiding in the business and society are all ethical…

Q: Why are there still people participating in pyramid schemes?

A: Pyramid schemes are the business model which recruits people and promises them payments for…

Q: Does the United States have a purely free-marketeconomy or a mixed economy? Explain your answer

A: The economy of the United States is diversified. It operates based on an economic system that…

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

A: The domestic system is a traditional method that was mostly used in the 17th Century. In the…

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: Explain the term economic environment?

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

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: Given the high level of corruption in some countries, why don’t these companies increase their level…

A: INTRODUCTION: The abuse of authority by a public official for personal benefit is known as…

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: How the CSR program provided by samsung is benefiting the society

A: Corporate Social Responsibility can be explained as the concept or approach of management that…

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: 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: The Challenges Ahead and describe possible ways in which business and society could help to solve or…

A: Following are few measures that will aid to create a more stable economy and create new jobs for the…

Q: How can the government minimize wasteful expenditure of state enterprises?

A: Government spending or expenditure:  Government spending involves all the government consumption,…

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: Why is it important for state-owned companies to operate efficiently?

A: State-Owned Enterprise These are also known as public companies. State-owned companies refer to all…

Q: How can the external Business environment impact or influence business ?

A: The external environment of a business is the factor that is external to an organization and has the…

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: Barriers to technology include lack of strong systems of finance, illiteracy, and stable political…

A: Barriers to technology include a lack of strong systems of finance, illiteracy, and stable political…

Q: What are the four conditions that must exist for the free enterprise system to exist? What are the…

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

Q: what is The differences between nepotism in government sector and the private sector of business.

A: The world's economy is actually running on the business. The businesses make profits and the…

Q: Prior to 2004, was LEGO focused on its products or its marketplace? Why?

A: Danish company Lego is a popular brand for children’s toys in the world. It started with early…

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: Why are economists wary of industrial policies? Could you please offer clear reasons?

A: industrial policies: industrial policies are those policies that are made and designed in order to…

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: How institutions (Economic, Educational, and Political) play leading role in growth and development?…

A: Economic institutions like banks help a lot in development of economy. People are used to invest…

Q: Discuss two advantages and disadvantages of the modern market economy, how to fix the disadvantages,…

A: A market economy is one in which the laws of supply and demand govern the production of goods and…

Q: Weaker corporate governance systems have smaller cash reserves. Do you agree or disagree? Explain

A: Corporate governance has a significant impact on the formation and functioning of capital markets,…

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: What are the implications of the relationship between supply and demand?

A: The implication of the relationship between supply and demand is shown on the price by the law of…

Q: Why are there so few traditional economies today?

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