Q: which economic system did Ayn Rand claim was the best to support her theory? a. socialism b.…
A: Aye Rand was a writer and philosopher. She was born in Russia.
Q: What makes Islamic economic system different from socialism and capitalism?
A: An economic system is a collection of rules that regulate how a company operates and makes decisions…
Q: How would you describe Switzerland's economic environment
A: The state of the economy in a country or region is referred to as "economic circumstances." As an…
Q: In your own words explain how the world's economy work.
A: World economy is aggregation of all economies across the world. The globalization is key factor…
Q: What is the economic values?
A: (Q) What is the economic values?
Q: Why do business people study economics?
A: Demand for a good refers to the quantity of that good with the consumers are willing and able to…
Q: Discuss economics as a social science
A: Economics is the study of behavior of consumers, producers, households and business.
Q: Why study economics?
A: ExplanationEconomics is the study of markets where there exists and interaction of buyers and…
Q: What does mean economics wants. Give Some examples?
A: All wants that can be satisfied by goods or services produced of any kind is knows as economics…
Q: What are the 3 economic questions?
A: Economics refers to the study of household management which combines social and capitalist benefit…
Q: What are economic communities?
A: Answer: Economic communities are formed to promote international trade and economic cooperation…
Q: Why do people or countries specialize?
A: Reasons for specialization or why countries or people specialize: · With the help of…
Q: Why there is a need of an Islamic Economic system
A: An economic system is a system in which resources, goods, and services are allocated to the society…
Q: Why we study economics
A: All the more extensively, an economics degree sets you up for vocations that require mathematical,…
Q: How does specialisation benefit the economy?
A: Specialization means getting expertise in doing some work. When a particular person does same kind…
Q: Explain why people would prefer to live in a socialist or a capitalist country?
A: Under capitalism, means of production are owned by private individuals, and decisions about…
Q: Why does economy exist in the world?
A: Economics is the study of household management and the activities related to the business or firm in…
Q: How can studying economics help you as a student?
A: Studying economics can help students by exposing them to theoretical approaches within the field of…
Q: Economics..
A: The workforce or labour force is a concept referring to the pool of human beings either in…
Q: Individuals should most likely study international business to
A: International business refers to trade of goods, services, technology, capital, etc among different…
Q: what does reading shakespeare or dostoevsky add to an economics student?
A: The book by David Hawkes titled Shakspeare and economics explains the economic thoughts that…
Q: educational institutions help further in the preservation of our history and culture?
A: Culture: The qualities and knowledge of a particular group of people comprising language, religion,…
Q: what is cultural and social relation in contemporary world
A: The field of social/cultural studies examines how society and culture influence daily living. The…
Q: ECONOMIC FACTORS THAT MAKE SOUTH KOREA BECOME ONE OF THE BEST COUNTRIES IN ASIA?
A: South Korea began as an agriculture-based economy in the 1960s, and by 2016, it had grown to become…
Q: why isn't trade among countries like a game with some winners and some losers
A: Meaning of Trade-Off and Game Theory: Trade-off basically refers to an opportunity cost i.e.…
Q: How the study of history of economics help people in their daily life
A: Economics is related to many aspects of the world. Various countries in the world are carrying out…
Q: According to Adam Smith who should manage the economy for the nation? Why?
A: An economy refers to the management of the country's money, trade activities, industrial…
Q: Explain the advantages of Islamic economics
A: The core concepts of Islamic economics are taken from the Holy Quran, and are backed up by hadith…
Q: Can we transform transform a country that has been built and comfortable with a secular economic…
A: The financial system is critical to a country's economic progress because it connects those who save…
Q: How is the success of economic policy measured?
A: There are various measures adopted by an economy to monitor its success or growth. Some examples…
Q: Which economic system does a better job improving living conditions for the poor, capitalism or…
A: The system through which governments or society organizes and distributes the availability of…
Q: Which economic system works best for societies?
A: An economic system is a system that determines the production and distribution of goods and…
Q: Write a 5 sentences essay about the socio-economic issues that the country (Philippine) is…
A: The challenges that socioeconomics addresses, as well as the elements that have a detrimental impact…
Q: Share your views on the idea that economists make assumptions in order to make the world easier to…
A: Economist use assumption to make complex things into simple. Economics is a social science and…
Q: Discuss the items you would include to figure out the opportunity cost of a vacation to Northern…
A: Opportunity cost refers to the giving up of benefits in the process of obtaining some other…
Q: How does the capitalism economy give to the communities? How does the capitalism economy take away…
A: Capitalism refers to the market form where people are allowed ti make economic activities according…
Q: What items would you include to figure out the opportunity cost of a vacation to Goa?
A: An opportunity cost is the cost that is likely to have an important place in an economy. The…
Q: what was the economic event and how did you solve the problem
A: Every one of the events which can be estimated as far as cash are named economic events and are…
Q: What are the 5 economic systems?
A: ‘Economic system’ is a means or tools by which society or government controls, distributes the…
Q: Moral background of natural economics?
A: Economics studies the way a society chooses to use its limited resources, which have alternate uses,…
Q: hat influence have student loans on Ghana economy, compared to that of the rest of the world?…
A: Answer:- Eduсаtiоn lоаn is а finаnсiаl аid рrоvided by the gоvernment tо the metiсulоus…
Q: How many sectors of economy are there?
A: Economy: It is the system of organizing money, industry, and trade of a country or region.
Q: How has the world economy and the global pandemic influence the state of the Philippines' economy?
A: The world economy, sometimes known as the global economy, refers to the worldwide economic system,…
Q: study economics
A: Economics is the branch of social science which deals with the human behavior and measures economic…
Q: What is the opportunity cost of going to college?
A: Opportunity cost is the next best alternative foregone. Opportunity cost=sacrifice/gain.
Q: what are differences between 4 economic systems?
A: An economic system is a way for governments or communities to distribute and organise resources,…
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