Is it proper to use commodity money whenever your community or place is far from civilization?
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Practical Questions. Simply answer YES or No and defend your answer by providing your basis.
1. Is it proper to use commodity money whenever your community or place is far from civilization?
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- when considering economic systems it is argued that there are three basic co ordination mechanisms. explain where or how a mixed economic system fits in with these three basic systemDoes the United States have a purely free-marketeconomy or a mixed economy? Explain your answerThe effects of a Market Economic System in a Country (Positive and Negative)
- Instructions: The Financial Services Commission has invited you to publish an article in their Business Magazine. The topic is The Role of Money in Society. They have given you the following pointers to aid in the development of your article: 1. Trace the development of money a. barter b. commodity c. fiat money 2. Explain the role of money in society 3. Differentiate between the characteristics and the functions of money 4. Explain the different forms of money in today's world a. commodity b. near money c. fiat money d. token money e. broad money f. money substitutes g. ml, m2, m3 and m4Trade & markets became mechanisms for human survival, since the 18th century, due to the shift from the traditional economic system to the division of labor/specialization, manifesting into the modern market systems, the world has experienced tremendous improvement in living standards, albeit unequally across regions. Discuss two advantages and disadvantages of the modern market economy, how to fix the disadvantages, and if a better system may evolve to replace the market economy in the 21st century.What metrics can help analyze the economic environment of a country?
- 1- The organizational structure of the Mazoon Omani Dairy Company? 2- Choose which of the banks that operate in your place and explain any 4 roles of these banks in the business sector?Why are there so few traditional economies today?Consider the following scenario and then answer the questions that follow. You and two friends have identified a gap in the market in your hometown for work-from-home business clothing. This clothing is functional, comfortable and looks smart in online conferences and meetings. You decide to start a new business designing and manufacturing the clothing. Identify and critically discuss the economic system you would prefer your business to operate in. Justify your choice. Discuss the resources you would need to start your business as entrepreneurs
- Based on your reading of Chapter 13, "Entering Developed and Emerging Markets," current research, and articles, please discuss and debate the pros and cons of doing business in Mexico and China, respectively.a. Identify the gaps/flaws of Capitalist and Socialist economic systems. b. What mechanism Islamic economic system provides to encounter those flawsPropose at least two approaches financial institutions can take to improve customer relationship management and explain how those approaches will secure customer retention in a post COVID - 19 economic environment.
