In a economy, the government owns the means of production.
(a) Command
(b) Market
(c) Real
(d) Inelastic

Answers

Answer 1

Answer:

(a) Command

Explanation:

A command economy is also known as planned economy and it can be defined as a type of economy in which the government owns and control the means of production.

This ultimately implies that, in a command economy, the government owns the means of production.

Societies that operate a command economy generally practices communism.

Communism is a system of philosophical, political, social organization and economical ideologies that advocates the elimination of private property but a profit-based economy with public ownership of the means of production.

It ultimately aims to ensure each person contributes and receives according to their abilities and needs.

Vietnam, China and Cuba are examples of communist countries that operate a command economy.

In conclusion, a command economy requires that the method of exchange, distribution, as well as the means of production of goods and services and allocation of resources for production should be controlled or regulated by the public (government) rather than the private sector.


Related Questions

process
of dividing a large market into smaller groups ​

Answers

Answer:

Market segmentation

Explanation:

Market segmentation, the process of dividing a larger market into smaller pieces based on one or more meaningful, shared characteristics, is a way of life for almost all marketers in both consumer and business-to-business markets.

can you please mark me 'Brainliest'? thanks

9/10
What do you need in order to fill out your 1040?
Your W-2
Your employer benefits documentation
Your credit card statement
Your job offer

Answers

Answer:

d

Explanation:

Answer:

Your job offer

Explanation:

took the test

Describe at least three variable cost Walmart has

Answers

are you sure you worded that correctly?

True or False?
Social workers work at both the state and national level.

Answers

True




Explanation: because true

Social media is only an effective tool for employment when used with other tools like resumes and blogs.
true or false

Answers

The answer is True your welcome!
False, social media is effective in another things as well

When was the first convention center built?

Answers

Answer:

1851

Explanation:

hope this helps :)

Answer:

1851

Explanation:

Among the first historical convention centres constructed was The Crystal Palace in London's Hyde Park. Providing 92,000 m2 of exhibition space, the building was erected in 1851 to house The Great Exhibition a grand show case of modern industrial technology and design

The most helpful kind of business and why?

Answers

Answer:

Hair Salon

Explanation:

An hair salon is the most helpful kind of bussiness besides chothing store's because your helping people with their hair and geting a lot of money from doing a curtain style.

Will the grading period effect what college you will go to later on?
A (True)
B (False)

Answers

Answer: A

Explanation:

Answer:

NO

Explanation:

Welfare includes all of the following EXCEPT
(a) Social Security
(b) Medicare
(c) Occupational Safety and Health Administration
(d) Medicaid

Answers

Answer:

(C) Occupational Safety and Health Administration

The process of controlling and making decisions about a business is called:
O Leadership
O Management
O Administration

Answers

Answer:

B. Management.

Explanation:

Management can be defined as the process of controlling and making decisions about a business.

The management comprises of top executives, board of directors or managers who generally control the affairs of a business firm or company.

Basically, they are saddled with the responsibility of defining the policies, set of rules, standards, and procedures so as to preserve or protect the company's assets, boost efficiency, enhance financial accountability, and prevent fraudulent behaviors among the employees.

Also, the decision-making process or responsibilities is essentially vested on the management of a business. Therefore, the management is typically responsible for the success, growth and development of their business.

How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.

Answers

Answer:

Explanation:

There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.

Vision + _____________________ = Success

Answers

Answer:

Determination

Explanation:

Vision, with the aid of determination, helps in the aim of attaining success.

1. What is the current balance that Joe Doe owes? $1270.54

2.What is the total amount that Joe charged for this billing cycle?

a. List the purchases that Joe made.

3. How much did Joe pay for his last payment?

4. Why was Joe charged $35 by the credit card company?

5. How much interest was Joe charged for this month?

6. What is the credit limit that Joe has for this credit card?

a. What is Joe’s available credit?


7. What is APR for purchases for this credit card?

8. What is the minimum payment amount that Joe must make?

9. When is the due date for Joe to make a payment?

10. Did Joe take a cash advance on this credit card?

11.Why did you think the federal government requires that financial institutions place a “Total Minimum Payment Warning” on all credit card statements?

Answers

Explanation:

1. $1270.54. This is evident since this was written at the bottom of the credit card statement.

2. $500. We find this under the row for payments.

Purchases made:

3/25 Groceries land: $1423/27 Book store: $334/1 Restaurant: $1254/19 Bob's Auto: $425

3. $500

4. Because he made late payments and it comes with a $35 penalty fee as stated in the credit policy of the company.

5. $10.54.

6. $5,000 credit limit, and $3,729.46 is Joe's available credit line.

7. Purchases: 13.99%, Balance transfers: 13.99%, Cash Advances: 25.99.

8. $25.

9.  4/29/19.

10. No, because there is no cash advance charge on the statement.

11. In other to inform the card-holders about the financial burdens attached to paying only the minimum payment due.

CAN TEACHER SAY you're NOT SMART TO STUDENTS?

Answers

UH no. If the students aren’t smart then obviously the teachers aren’t either because they aren’t teaching them right

Answer:

NO that's not ok at all! they're not supposed to

How is Young's modulus of a material defined?

What’s the answer

Answers

The Young's Modulus (or Elastic Modulus) is in essence the stiffness of a material. In other words, it is how easily it is bended or stretched. To be more exact, the physics and numerical values are worked out like this: Young's Modulus = Stress / Strain.

Answer:

The Young's Modulus (or Elastic Modulus) is in essence the stiffness of a material

Explanation:

Well balanced people are more productive employees.
Please select the best answer from the choices provided
ОТ
OF

Answers

Answer:

True

Explanation:

Well adjusted individuals are workers who are more efficient. They often begin with targets.

They've got a long-term target. They provide quick priorities that endorse their lengthy objectives. Oriented still set their targets first.

What type of Interests pays interest on interest?
O Compound Interest
O Simple Interest

Answers

Answer:

Compound interest

Explanation:

the answer to your question is compound interest to

When was the International Association of Exhibitions and Events founded?

Answers

Answer:

1928

Explanation:

hope this help:)) 100% correct

Answer: 1928

Explanation:

A.product markets
B.resource markets
C.business
D.household

Answers

More than likely option C

Which Type of account is used to store money for longer periods of time and is more likely pay interest to the account holder?
O Checking Account
O Savings Account

Answers

Answer:

Saving account

Explanation:

A savings account is an interest-bearing deposit account held at a bank or other financial institution. Though these accounts typically pay a modest interest rate, their safety and reliability make them a great option for parking cash you want available for short-term needs.

PLEASE MARK ME AS BRAINLIEST

your friends, jim and joey (16) are twin brothers and just received a $1000 inheritance from a wealthy aunt. jim wants the two of them to put their money together and buy a 4-wheeler. joey says he wants to put his money in a savings account. jim comes to you to ask you to help persuade joey to buy the 4-wheeler. what is your best financial advice?

Answers

The best argument to persuade Joey to buy the 4-wheeler is to inform him that keeping the money in a savings account would cause that money to loose value overtime (due to interest rates). Therefore, to ensure the best use of the $1000, it is ideal to use that money rather than save it.

So I want to say that I want to be a police or an FBI but also want to be a business woman what do I do or what do I need to know?

Answers

if u are good at communicating and u are good at making decisions be a businesswomen. if ur good in history and u do a sport and can be alert be a police officer. follow ur gut don’t feel pressured and than regret taking it. remember people still don’t know their major in college so don’t rush.

(1) State which marketing environment affected Xerox's operation. (1mks)

(b) From your answer above, discuss which specific area from that particular enviroment affected how Xerox conducted business. (5mks)

Answers

Answer a:

Clearly, Xerox had one major issue concerning its marketing environment.

Due to technological changes, i's primary market was shifting and changing. Xerox didn't see it. Perhaps they did and decided it (the changes that is) not

Explanation:

One keyword or practice or culture or capability that was missing in Xerox was adaptability. Had they envisaged the future and created some internal structure to gradually cater to the changing requirements of their client base, they'd probably still be in business today.

So in a way, it wasn't really the change in the market that affected Xerox. It was Xerox' inability to respond to such changes that did it in. At some point, it became apparent to investors that Xerox was incapable to move with the next tide. They withdrew their funds, sold their shares and the rest is history.

Answer b:

The major area that affected how Xerox conducted business is the technology enviriomment.

Explanation

Due to the availability of technology which made it possible, peoples mindset were beginning to shift from keeping hard copies and or duplicating them to keeping electronic copies.

Two things made this idea very attractive:

1. It reduced cost greatly. In every era, cost reduction has always been an attractive business proposition for companies in any sector or subsector. As firms discovered they could cut down by keeping electronic copies of their documents, the idea quickly caught on. And so did the profits made by the renowned copier decline.

2. Another factor strenghtened the decline in making and keeping hard copies of documents is the ideology that the more papers we made, the more we were damaging our environment.

Companies that quickly adjusted even used their paper reduction efforts as a unique selling marketing proposition.

Cheers

In which type of bank do investors
pool their money into a collective
business in order to help each other?
A. Commercial banks
B. Credit union
C. Savings and loans bank
D. Brokerage firms

Answers

the correct answer is answer b. a credit union

The kind of bank do investors pool their money into a collective business in order to help each other is a credit union. Thus, option B is correct.

What is a Credit Union?

A credit union, which is comparable to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions often provide their members services similar to retail banks, such as deposit accounts, credit, and other financial services.

Credit unions, like banks, accept deposits, make loans, and offer a variety of other financial services. Credit unions, on the other hand, being member-owned and cooperative entities, offer a secure place to save and borrow at competitive rates.

A credit union is a customer/member-owned financial cooperative that is democratically governed by its members and exists to maximize the economic advantage of its customers by providing banking services at competitive and fair prices. Hence, option B is correct.

Learn more about Credit Union here:

https://brainly.com/question/13557890

#SPJ2

PLZ HELP ME!!!!!!

Which statement about credit card interest rates is TRUE?

A.) The more money you spend on purchases, the higher your interest rate will be

B.) A high interest rate means you'll pay MORE money total

C.) A high interst rate means you'll pay LESS money total

D.) Most credit cards do not charge any interest rate

Answers

Answer:

I think its A?

Explanation:

A or B it’s probably A but there is a chance it’s B SORRY ITS REALLY HARD TO CHOOSE FROM THE TWO! :3

Match each business model with the advantage it brings.​

Answers

Answer:

1. Subscription.

2. Bait and Hook.

3. Cutting out the Middleman.

Explanation:

Some of the commonly used business models across the world include the following;

1. Subscription: steady revenue and predictable profits. It is a business model which typically involves customers paying a recurring fee or price (revenue) for the use of a particular product or service. These customers are usually charged either on a monthly or annual basis. An example is the subscription for paid cable tv by various customers.

2. Bait and Hook: attractive prices for basic product. It is also referred to as the razor and blade business model. Bait and Hook typically involves selling a product at a very low price so as to gain the attention of the buyer and selling a complementary product (refill) to the same buyer at a very high price. An example is a mobile phone (bait) and airtime plus data (hook).

3. Cutting out the Middleman: reduction in transaction costs and processing time. It typically involves the elimination of an intermediary (middleman) in the supply of goods and services to the end users or customers.

An example is the business to consumer (B2C) company such as Walmart, Uber, etc.

Why does the author refer to Antonio Cruz and Felix Varga as the "amigo brothers"? how were the boys alike? how were they different?

Answers

Answer:

this question is not perfect for this app

Why does no one like me? i need answers.​

Answers

um I don’t know u very pretty tho

Answer:

nobody likes me either lol

Applications of can help marketers determine which television shows current and potential customers watch,
allowing marketers to determine the value of advertising on a particular show.
O A. Big Data
B. customer relationship management (CRM)
OC. one-to-one marketing
OD. search engine optimization (SEO)
E. data mining

Answers

I’m guessing the answer is D

Welfare includes all of the following EXCEPT
(a) Social Security
(b) Medicare
(c) Occupational Safety and Health Administration
(d) Medicaid

Answers

C Occupational Safety and Health
Other Questions
solve the simultaneous equation 4x^2 - 9y^2 = 19 2x + 3y= 1 When does gen z start and end A marble on a frictionless track, starting from point A in the drawing, is projected down the curved runway. (This means that the initial speed of the particle is NOT zero!) Upon leaving the runway at point B, the particle is traveling straight upward and reaches a height of 5.00 m above the floor before falling back down. Ignoring air resistance, find the initial speed of the particle (v0) at point A. Tyler bought 2 tickets to a basketball game on the website Game Finder. Each ticket cost $65, and the website charged a convenience fee that was a small percent of the ticket cost. If Tylers total bill came to $132.60, what percent was the convenience fee? Which event greatly influenced the Haitian independence movement of the 1800s? What is condensation ? (3x)^3 (power of a product rule) I have a number First I multiply by 4Then I add 12 Next I divide by 5 As a result I get 2 What is my starting number? please help Identify all correct statements about how viroids differ from viruses.Select all that apply.-Unlike viruses, viroids do not encode proteins.-Unlike viruses, the genetic material of a viroid is protein.-Unlike viruses, viroids cause plant disease. I need help fastIf triangle RST cong triangle XYZ , then ST is congruent to which of the following? At age 22 Pele was considered a Nicole had two days to write a paper forher English class. She wrote 3 pages thefirst day and 4 pages the second day.How many total pages did Nicole write forher paper?Give your answer as a mixed number in simplest form.Enter the number that belongs in the green box.Ok during a holiday sale, a furniture store is offering 12% off all merchandise. after the discount is applied, the customer must pay 5% sales tax on the purchase price. which of these shows the correct final price for the given item? select all that apply Isotonic exercises are natural and intuitive for most people to do, meaning they translate well into movements that you perform daily outside of the gym. True or False Which estimate is closest to the actual value of (2.99548) (1.8342)? CHOOSE ALL THAT APPLY!A. 4.8B. 5.5C. 6.2D. 8.3 How does a passive attack differ from an active attack? The are 85 girls 29 boys and 123 people in the class in total how many adults are in the classroom?? Triangle QRS is located at Q(2, 3), R(6, 3), and S(2,2). Which of the following classifies triangle QRS? how do i get my phone back after bad grades? for every 3 hours of ballet practice, Danielle drinks 2 cups of water. How much will she drink during 7.5 hours of practice?