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When chris goes to the local grocery store the majority of the products are available in only one brand. Chris most likely lives in a country with which type of economy?
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∙ 7y ago
Command economy
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What is mono cultural economy?
An economy that depends primarily on one product.
How did John Maynard Keynes view government's role in economy?
He advocated a strong role of govt. in managing the economy...
What did Jp Morgan invent?
The American Super-Economy.
What are the assumptions of multiplier theory of keynes?
closed economy
Who discovered how to analyze and measure the economy as a whole?
john stuart hill
Is the UK an agricultural country or a industrial country?
It's niether the majority of its economy is now in the tertiary sector
Europe's economy after the age of discovery?
There was a larger variety of luxury products available, and not limited to what Europe was capable of producing. European countries began growing products in their newly established colonies rather than purchasing the items from a neighboring country. In short: the economy got busy :-)
The money supply of the country is made up of what?
all the money available in an economy
What money supply of a country is made up of?
all the money available in an economy
What is the money supply of a country made up of?
all the money available in an economy
What group of people ultimately determines the products that a free enterprise economy country's total?
Consumers
How can you help in the economy of the country?
Purchase products made in the country you are trying to help. As more items produced in a particular country get purchased facilities can hire more employees and give more hours to existing workforce, spurring the economy.
What is their economy like in Saudi Arabia?
the economy of saudi arabia is very nice, because this country are rich in many establishment, their country can provide the good quality of many products exactly the petroleum business.
Is moldova a fertile country?
It is a very productive agricultural region; agricultural products are a major part of the Moldovan economy.
IS INDIA a free economy planned economy or mixed economy?
India has a mixed economy in that there is private property and companies that produce products for the benefit of profit. There are many business regulations in India, this combined with the above places India as a mixed economy country.
What type of economy products do Italy have?
Italy's economy is a market economy
Why does Australia trade with China?
Because each country has products that the other wants and trading creates jobs and is good for the Australian economy.
