What happens in a market economy? Businesses decide which products to sell and which prices to charge. The government plans which products will be made and what to charge for them. Businesses offer a wide variety of goods and services to people. People make only what they need to survive and sell or trade with each other.

Answers

Answer 1

Answer:

Businesses decide which products to sell and which prices to charge.

Explanation:

A market economy is an economic system in which economic choices and the price of products and services are governed by interactions between individual individuals and enterprises in a country. There may be some government interference or central planning, but this word typically refers to a more market-oriented economy in general.

The majority of economic decisions in a market economy are made through voluntary transactions that follow the rules of supply and demand.A market economy allows entrepreneurs to pursue profit by producing outputs that are more value than the inputs they use, as well as the freedom to fail and go out of business if they do not.Economists generally agree that market-oriented economies provide superior economic outcomes, but they disagree on the exact balance of markets and central planning that is optimum for a country's long-term well-being.Understanding Market Economies

Classical economists such as Adam Smith, David Ricardo, and Jean-Baptiste Say provided the theoretical foundation for market economies. The "invisible hand" of the profit motive and market incentives, according to these classically liberal free market proponents, often steered economic decisions along more productive and efficient courses than government economic planning. They felt that government action frequently resulted in economic inefficiencies that harmed people.

Market Theory

Market economies use supply and demand dynamics to establish the proper prices and quantities for the majority of commodities and services in the economy. Entrepreneurs gather production inputs (land, labor, and capital) and combine them with workers and financial backers to generate goods and services for customers or other firms to purchase. Buyers and sellers willingly agree on the parameters of these transactions based on consumer preferences for specific commodities and the income that companies expect to make on their investments. Entrepreneurs allocate resources across multiple companies and production processes based on the profits they aim to generate by generating output that their consumers value more than what the entrepreneurs spent for the inputs. Entrepreneurs who succeed are rewarded with revenues that may be reinvested in future ventures, while those who fail must either learn to improve through time or go out of business.

Modern Market Economies

Every contemporary economy sits somewhere along a spectrum ranging from pure market to highly planned. The majority of industrialized economies are technically mixed economies because they combine open markets with some government intervention. However, they are frequently referred to as having market economies since they enable market forces to drive the great bulk of activity, with government intervention being limited to providing stability. Some government interventions, such as price fixing, licensing, quotas, and industry subsidies, may still occur in market economies. Market economies are most typically characterized by government production of public goods, often as a government monopoly. Market economies, on the other hand, are characterized by decentralized economic decision making by buyers and sellers doing regular business. Market economies are defined in particular by having functional markets for corporate control that allow for the transfer and rearrangement of economic means of production among entrepreneurs. Although the market economy is obviously the most popular system, there is much disagreement on the level of government involvement that is deemed desirable for successful economic operations. Economists generally believe that more market-oriented economies will be more successful in terms of generating wealth, economic growth, and rising living standards, but they frequently disagree on the precise scope, scale, and specific roles for government intervention that are required to provide the fundamental legal and institutional framework that markets may require in order to function well.


Related Questions

What does it mean when someone say ..they are trying their best not to give up?

Answers

Answer:

they're on the edge. you need to be there for them

They on they last straw my dude

if you send links you’ll be reported

Answers

Answer:

just think which one would be the best kind

Explanation:

go back in the book and if you don't have the book then remember the book try cuz I will try to look in the book but if you're in school like in the school house then I can't help you

What is the meaning of the word potential as it is used in this
sentence?

Answers

So, I found meanings for Potential...

1. Potentialadjective

Showing the ability or capacity to develop something new of yourself or something else in your future.

2. Potentialnoun

Qualities that can lead to success.

3. Potentialphysics term

Quantity that determines the energy of mass in a gravitational field or charged field of electricity.

Who blessed Larson's journey before she began?

Answers

Answer:

Jordan Romero

Explanation:

Jordan Romero blessed Larson's journey before she began.

What is a journey?

A journey can be defined as the pathway or travel that is being done by a person or a group of people. It is basically when passages travel from my destination to another one. It is usually taken to achieve the destination.

Samantha Larson, a rock mountaineer from Long Beach, California, was born in 1988. She momentarily held the record for the eldest non-Nepalese lady to conquer Mount Everest at the stage of 18.

American mountaineer Jordan Romero, was 13 decades old when he conquered Mount Everest. Jordan Romero who climbed Mount Everest at 13 years old blessed Larson's journey as she went for Mount Everest into climate. He blessed him and have faith in him that she would be able to climb it.

Learn more about journey, here:

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1. "Now he's ready for Petrarch's poetry Cleopatra was a gypsy girl (Act 2. scene 4)"



2. " I will not fail. Tis wenty year till then (Ad 2 scene 2)"

identify which, is a simile, metaphor, pun,allusion, oxymoron, hyperbole, and personification

it can only be one ​

Answers

The Allusion in Act 2 Scene 4 is the potion that refers to Cleopatra as a Gypsy girl. In this scene Mercutio means to describe Cleopatra by her tripartite nature:

An an EgyptianA Nomad, and A Wore.

What is an Allusion?

In literature, an allusion is an inferred or indirect reference to a person, event, or thing.

The majority of allusions are founded on the premise that the writer and the audience have a common understanding which makes it easy for the reader to grasp the author's referent as a result.

Learn more about Allusions at:

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give example of volunteering in your community. explain how volunteering can provide direction for your future career goals​

Answers

Answer:

You can volunteer on many occasions, one of which being at an animal shelter.

Explanation:

Volunteering at an animal shelter can not only be very helpful to animals in need, but can also be added to your resumé. This can note to future employers that you go out of your way to help other people or communities, and that you should be considered more for a job for doing such.

Please give me the answers

Answers

3rd is the answer……..

re arrange sentence. not/forget/to do/me/look up/you/when/come/to ethiopia/​

Answers

Answer:

When you come to ethiopia do not forget to look me up

Explanation:

I don't knoq dosent really make sense but it's what I could make out

Use the chart below to compare the poem “Pied Beauty” by Gerard Manley Hopkins to “Sonnet 43” by Elizabeth Barrett Browning as a prewriting activity in order to answer the following essay question. What elements make one of the poems sound more like normal speech? Which one and why? Explain. Use the chart you completed above to help you write your response.

Answers

Textual diction and the use of adjectives are the elements that make poems sound like normal speech.

What is textual diction?It is the author's choice of words in a text.It is the order and placement of words in the text.

In both poems, we can see that the authors chose simple words that were common in the daily life of the reader. This already transforms the language of the poem into something common and easy to understand.

The use of many adjectives makes the poem very descriptive. This brings the poem closer to the common language that the reader uses in their interactions.

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What was beneatha plan with the money.

Answers

Answer:

Similarly, Beneatha dreams of the money as a way to fund her medical schooling, which embodies her desire to overcome racism and

. On the other hand, Walter fantasizes about the way in which money would increase his social standing and allow him to acquire the material markers of class.

Explanation:

Type 1 and Type 2 Diabetes
Diabetes is a disease in which the level of glucose in the blood is too high, Glucose-a
sugar needed by all cells of the body for energy-is normally transported to the cells with
the help of the hormone insulin, which is produced by the pancreas. In type 1 diabetes,
which is partly genetically inherited, the pancreas cannot make enough insulin because
its insulin-producing cells have been destroyed by the body's own immune system. Thus,
glucose accumulates in the blood. In contrast, people with type 2 diabetes can produce
insulin, but their bodies are unable to utilize it effectively. Type 2 diabetes may be caused
by lifestyle factors, such as high consumption of sugar, in addition to genetics. Type 1
diabetes has a lower prevalence than type 2, accounting for just five to ten percent of
diabetes cases. The two conditions also differ by age of onset. Type 1 diabetes typically
develops during childhood, while type 2 most commonly occurs in mid- to late adulthood.
What is the main idea of the passage?

Answers

The main idea of the text is to present the two types of diabetes, and their causes, and consequences.

What is the main idea?It is the main subject of a text.It is the subject that manages the information presented.It is the subject worked by the author.

The main idea is identified by reading the text, at the moment in which the reader perceives what is the main subject that is being presented, debated, and argued. In the case of the text above, we can see that this subject is the types of diabetes.

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I need a couple sentences for a body paragraph can you help. this is the topic sentence.
Kids who take care of pets learn what it feels like to have a living creature rely on them, and that teaches responsibility in a way little else can.

Answers

Answer:

Not only this, but kids who take care of pets have a lot of responsibility built up upon them. It teaches them how responsibility works and what it truly is. Additionally, responsibility is a difficult to understand, therefore when kids take care of a pet, it will make them a better person in the future.

Describe Corrie's attitude toward old age.

Answers

Answer:

not a good additude

Explanation:

They were not fond of growing older and excepting their duties.

Activity 1 Directions: Unscramble the letters in Column A to form the word being described by the phrase in Column B. Column A Column B 1. NIALSIYT 2. PUREMEATTER 3. SEAWV 4. LOSI 5. LUNGTHSI amount of salt in water hotness or coldness of water movement of the surface of water source of nutrients of living organisms like plants needed by plants for the photosynthesis​

Answers

nastily prematurewavessoilsunlight

WILL GIVE BRAINLIEST


Which verbs in this passage show incorrect subject-verb agreement?

Giant Redwoods

Redwood trees grow very tall and often extend to a height of about 360 feet, making the redwood the tallest measured tree species on the earth. The tallest known specimen of the Giant Redwood soar 378 feet in the air. Giant redwoods grow on the Northern coast of California, where the moist, humid climate helps them thrives. The marine fog in this region maintains the perfect condition for these trees to grow by adding moisture to the soil.

Many tourists visiting California list the Giant Redwoods as a part of their itinerary. These towering giants are some of the most awe inspiring trees on the earth. Giant redwoods are very often mistaken for Sequoias. They are actually two very different species.

Answers

i dont really think is soar and thrives

What’s the prefix of “ cause to be “?

Answers

Answer:

be would be the prefix

Explanation:

20 points ! What’s the answer????

Answers

Answer:

a leader

Explanation:

a leader is a person how leads or commands a group, organization, or country

is pretty like a persident leading the people in the country

Why can't Rukmani and Nathan stay with their son Murugan in the city?

He despises city life.


He has deserted his wife and child.


He is ashamed of his parents.


He is impoverished.

Answers

Answer:

He has deserted his wife and child

Explanation:

Just took the test

"The Rime of the Ancient Mariner" by Samuel Taylor Coleridge tells the tale of a sailor on a long, sea voyage. In the stanza below, the sailor describes being stranded in a sea of undrinkable salt water with nothing to quench his thirst.

Answers

Answer: The poet uses repetition to highlight how much water surrounds the sailors.

Explanation: Repetition is a literary and rhetorical device which involves the recurrence of a word or phrase for emphasis, to add intensity and to make the speaker's ideas and thoughts more straightforward.

In the passage from "The Rime of the Ancient Mariner," the author Samuel Taylor Coleridge makes use of repetition to make more forceful the fact that the sailor is thirsty in a motionless ship, in the middle of water but unable to consume it.

What’s the answer????

Answers

the answer is c. only victims of identity theft can request a credit freeze

Read the following sentence from the second paragraph.

They may tear into cars in order to reach food items or food wrappers.

Why does the author make the statement above?
A.
to develop the idea that bears have a powerful sense of smell
B.
to develop the idea that bears can be a nuisance to people
C.
to support the idea that humans are to blame for bear encounters
D.
to support the idea that bears are not dangerous to humans
Answer is ---> B. to develop the idea that bears can be a nuisance to people

Answers

Answer:

A

Explanation:

to develop ideas that bears

Answer:

to develop the idea that bears can be a nuisance to people

Explanation:

I got it correct on iready

What does It mean if someone says that he is not good enough for me?

Answers

Answer: If someone says that they are not good enough for you, they believe that they aren't enough for you. That you are better than them. Hope this helps!

Answer:

“I'm not good enough for you” often means “I'm not willing to put in the effort to make this work, and I'd dump you if I were brave enough, but I don't want to be the bad guy here.” It often means “I'm done trying. Please, be the bad guy for me and put us out of our misery.”

Explanation:

8. What does it mean to write academically? A. To write in order to pass the final exams B. To write using proper English Language C. To write papers for scholars D. To avoid copy pasting from the Internet,​

Answers

Answer:

B.

Explanation:

It's basically just writing formally, backing up your evidence with claims, evidence and reasoning, and using proper language.

- William Shakespeare, Macbeth, Act I, scene iv
What event is foreshadowed by Macbeth's aside in this scene?
O A. Macbeth's insanity
B. The king's murder
O C. Macbeth killing his wife
O D. Malcolm's death

Answers

Answer:

the king's murder

Explanation:

macbeth's wife told him to murder king duncan so macbeth can become king

NEED HELP ASAP!!!
Write a narrative in which you describe the next scene that might take place in “The Story of Daedalus and Icarus.” Maintain the same point of view, mood/tone, and pacing of the original story. Be sure to observe the conventions of standard English. Your narrative should have an introduction, presentation and examination of the conflict, and a clear resolution.

Answers

The question wants to analyze your writing skill. For that reason, I cannot write the answer for you, but I will show you how to write it.

First, you should read the part of "The Story of Daedalus and Icarus" that the question refers to.

During this reading, you should identify the type of language used, the events that occur, and the tone and mood of the scene. That's because you should continue these events, keeping the language, tone, and mood of the original text.

To continue the event presented in the text, you must use your imagination as to how that event would continue.

Meaning of tone and moodTone: is the emotion conveyed by the author of the text.Mood: it is the ambiance and the feeling transmitted to the reader.

More information about tone and mood is at the link:

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Why does King describe Rosa Paris as one of the finest citizens in Montgomery" (paragraph 3)?
O Because Paris attended church every Sunday
Because Paris refused to let somebody else take her seat
Because Paris was a great citizen regardless of her race.
Because Paris had been humiliated for no reason

Answers

The Answer Is Most Likely B Or 2

What are the essential elements of a well-coordinated child protection system?

Answers

Increase children's and families' physical and psychological safety. Identify children's and families' trauma-related needs. Improve the well-being and resilience of children. Improve the well-being and resilience of your family.


The old man says that in order for the boy to find his treasure, he will have to follow the omens. What omens do they talk about and
what does the old man give him to help him? What happens to Santiago when he gives his money to the boy to be his guide? Why
does Santiago decide to keep going in his journey?

Answers

Answer:

Santiago arrives in Tangier and sits at a bar. When he sees people engaging in local behaviors such as sharing pipes and walking hand-in-hand, he scorns the people as infidels. He worries that he can’t speak Arabic, reassuring himself only with the money in his pouch. A man of similar age and appearance as Santiago addresses him in Spanish. Santiago tells him he needs to get to the Pyramids and offers to pay him to serve as a guide. The young man explains that the route across the Sahara desert is dangerous, and Santiago needs to show that he has enough money to make the trip. The bar owner speaks angrily to the young man in Arabic, and the young man drags Santiago outside, saying the bar owner is a thief. Santiago gives the young man his money to purchase camels.

Explanation:

The two traverse a crowded marketplace and Santiago notices a sword on display. Santiago asks the young man to find out the sword’s price, but realizes the young man has disappeared. Santiago waits at the marketplace until nightfall for the young man to return and begins to cry when he realizes he’s been robbed. Santiago takes inventory of his remaining possessions. He has his book, his jacket, and the stones Melchizedek gave him. He considers selling the stones to pay for a trip back home. He asks the stones if he will find his treasure, but when he puts his hand in his pocket he realizes the stones have slipped through a hole and fallen to the ground. As he collects them, he remembers his promise to make his own decisions, and he resolves to continue his mission.

How is All American Boys a statement, or a response, to some of the racial injustice featured in the media today?

Answers

Answer:

All American Boys is a statement to some of the racial injustice in today's society because it highlights main point and factors that really demonstrate how racism is still around and how impactful it still is. All American Boys shows what is real and send the message of "racism is still around and it never went away". This is really impactful and is an actual response to some of the racial injustice featured in the media today.

Explanation:

PLEASE HELP ME WITH THIS!!!!

Answers

Answer:

Either A or C.

Explanation:

Sorry I can't be of more help! Those are both reasonable since they show that it affects society as well as the players themselves. I think it might be A since nobody is going to be able to stop sharing their opinions.

Sorry if I am wrong!

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