answersLogoWhite

0


Best Answer

Well, since Canada is a mixed economy and the USA is a market economy, you could say that the economy is kind of a market economy. So the values are more based on what each individual person wants, not what the majority of the people want.

Hope it helped:)

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the values underlying economic decision making in Canada and the US?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are the economic tools of managerial decision making?

what are the economic tool which help manager in decision making


Role of managerial economic in decision making?

The role of managerial economics in decision making is to help in the analysis of economic trends which will be used in making critical decision. This will focus on past, present and future economic patterns.


What are examples of economic decision making?

Whenever someone shops they are making economic decisions. Determining how much you can comfortably afford for a house or a car is an example of economic decision making. Waiting to buy something until it goes on sale is also an example of this type of decision making.


How does accounting help in economic decision making?

Balance of payment


What has the author Shelly Lundberg written?

Shelly Lundberg has written: 'Efficiency in marriage' -- subject(s): Decision making, Economic aspects, Economic aspects of Decision making, Economic aspects of Family, Economic aspects of Marriage, Family, Marriage, Resource allocation


To arrive at an economic decision a decision making grid may be used to evaluate?

Alternative choices of action.


How can you use economic decision-making in a sentence?

Make your own decions


What is Two major models of decision-making?

the major model of decision making that assumes the decision maker will be rational, systematic, and logical in assessing each alternative is rational economic model.


What is the economic behavior?

Behavioral Economics is the study of psychology as it relates to the economic decision-making processes of individuals and institutions.


Process of choosing which needs or wants willbe satisfied?

Economic Decision Making


Government and individuals share the economic decision making process is what?

Command economy


What is the study of behavior and decision making of an entire economic system called?

Macroeconomics.