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What is a productive economy?
it is just a ecosystem
What is productive efficiency in economics?
Productive efficiency (also known as technical efficiency) occurs when the economy is utilizing all of its resources efficiently, producing most output from least input
All productive resources are government owned an controlled under what kind of economy?
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
In this system workers are most productive and a nation's economy functions most efficiently when people and businesses can pursue their economic interests privately?
laissez faire
Which kind of economy is most common in the world today?
Market Economy
How is Japan's economy today?
Actually, Japan's economy is the strongest in the world with as much stuff they are selling, how can you not have a good economy?
What is a productive economy?
it is just a ecosystem
What is the reasons for international trade?
In order to have a high economy and productive country,we need to have a trade between the other country that had a productive economy too.
What is productive efficiency in economics?
Productive efficiency (also known as technical efficiency) occurs when the economy is utilizing all of its resources efficiently, producing most output from least input
In this workers are most productive and a nation's economy functions most efficiently when people and businesses can pursue their economic interest privately?
laissez faire
All productive resources are government owned an controlled under what kind of economy?
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
In this system workers are most productive and a nation's economy functions most efficiently when people and businesses can pursue their economic interests privately?
laissez faire
In this system workers are most productive and a nation's economy functions most efficiently when people and businesses can pursue their economic interests privately.?
laissez faire
Which province is the one of the most productive agriculture regions in the world?
Saskatchewan.
What country had the most productive workers in World War 2?
The Americans
What type of industry does the Midwest have among the most productive in the world?
oil
What does the economy do to people?
The economy is reflection of how productive the people are. The better the economy the more investors which in turn create job opportunity.
