1. Which two basic types of economic system distinguish contemporary industrial societies? a. capitalism and communism b. capitalism and socialism c. socialism and communism d. capitalism and dictatorship

Q: How did the Spanish system in Mé xico, from 1500s to 1810, create the seeds or causes for rebellion…

A: The issue was the Spanish not liking the system of the colonial regime in Mexico. For three hundred…

Q: Explain characteristic of following  economic system: Free market economy

A: Meaning of Free Market Economy: The term free-market economy is the situation under which there…

Q: In France, government actions and market forces together guide the economic activities. Prices of…

A: An economic system refers to the means by which the distribution of resources, goods, and services…

Q: Considering your needs and wants, explain five advantages of the mixed economic system.?

A: A mixed economic system is a system that combines aspects of both capitalism and socialism. It is an…

Q: s it may don t precisely portray present day economies. Recognize three fundamental highlights of…

A: The modern economy depicts the division of labor, in which people tend to earn income by achieving…

Q: 5. According to the documentary on Athenian Democracy, the dark side of democracy was that the…

A: Democracy refers to the way of operating society by the government in which people elect their…

Q: Explain/Define Each of the Negative Parts of Capitalism: 14. Monopoly: 15. Income Inequality: 16.…

A: The three terms have been explained and defined below.

Q: 1. Does entrepreneurship matter? Why? 2. How important is entrepreneurship in nation building?

A: Entrepreneurship is the concept of creating, developing, and controlling a new business idea by…

Q: a)What does Robert Marks consider to be the most important features of the industrial revolution?…

A: Marks emphasizes the universal aspect of the industrial revolutions, trade networks, and empire…

Q: According to the principle of  ___________ a society’s economic system molds the society’s legal…

A: Research across disciplines indicates that cultures ultimately shape our thought habits across…

Q: In which of the following forms of government do states have the most power? !.A unitary system 2. A…

A: The correct answer is 2. A federation. In a federal government, there is a considerable…

Q: Which of the following statements best captures the notion of private enterprise? Individuals pursue…

A: In the field of economics, the businesses are defined as the organization that produces commodities…

Q: ohn Kenneth Galbraith saw modern capitalism as   A.dominated by large enterprises and…

A: Macroeconomics refers to the branch of economics that deals with the economy as a whole. For…

Q: Who answers the three key economic questions in a command economic system? O custom & tradition…

A: In command economy all the production and allocation decisions are centralised.

Q: Which of the following choices is not part of capitalism? O free enterprise O private ownership of…

A: Capitalism is an economic and political system in which the ownership of the private enterprise is…

Q: 1.Which of the following ideas were central to Adam Smith in Wealth of Nations? A)importance of…

A: As per the policy, we will answer first three sub parts. If you want other questions to be solved,…

Q: Choose 3 economic policies promoted by neoliberalism: a. Rule of law b. Liberalization c.…

A: (Q) Choose 3 economic policies promoted by neoliberalism:- a. Rule of law b. Liberalization c.…

Q: Why do you think Entrepreneurship is a science?provide example/ scenario that will support your…

A: Scince of buissness  to do crete new  think that better human development A person who setup her…

Q: Islam gives complete freedom to economic enterprise with ________ a. None of the options b.…

A: Answer Option 'C' is correct.   Islam gives complete freedom to economic enterprise with some…

Q: Several characteristics of capitalist economic systems are listed here. Indicate in the space beside…

A: In an economy, differ ideologies will lead to change the market behavior based on their assumptions,…

Q: Understand the relationship of capitalism and popular culture

A: There are various schools of economic thought. Each economic theory has its own set of guidelines…

Q: Social regulations Select one: a. Lead to increasing industrial concentration b. None of the answers…

A: Governmental regulations also include social regulations.Public interests including health, safety,…

Q: Competitive industries: Group of answer choices A. require government intervention B. compete all…

A: The issue spins around grasping the effects of competitive industries on the economy and society. It…

Q: Economic freedom reflects the liberty managers have to decide endless aspects of everyday business…

A: The economics as a study is based upon the idea that the resources which the economies have tend to…

Q: he United States is a democracy. This means that the United States is ruled by: A.a single entity…

A: There are different regimes in economies all over the world. In terms of economies, nations may have…

Q: Describe the partners of an organization and Business models that alternate strategies and concepts…

A: Business models and organizations have partners and collaborate for the expansion of business.…

Q: Under __________, the means of production are owned by the government. a. Socialist economy b. Mixed…

A: An economic system can be defined as the system by which the available resources, goods, and…

Q: 1.Which philosophers have discussed capitalism? What were their interpretations of it? Were there…

A: Capitalism  In a capitalist economy, private people or companies own the capital assets. Workers…

Q: 15. In a communistic government official's decide how much to produce, what to produce and how to…

A: The idea of a communist government is based on the philosophy set by Karl Marx and Fredrich Engels.

Q: China’s economic system is sometimes labeled __________. A. state socialism B. utilitarianism C.…

A: Economic system: It refers to a process of production, consumption, and allocation of goods and…

Q: 3. Which of the following is an important feature of capitalism? A. Capital is government owned B.…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: ____ a. individualistic capitalism____ b. political action committees____ c. oligopoly____ d.…

A: Note:- Since we can only answer up to three subparts, we'll answer first three. Please repost the…

Q: Analyze the main tenants of economic sociology and how this approach explains the functioning of big…

A: Economic sociology is the study of the social cause and effect of many economic conditions. Economic…

Q: "Come out to the store! We have new and improved windshield wipers to get you through the rainy…

A: The objective of the question is to identify which characteristic of free enterprise the given…

Q: Explain/Define Each of the Negative Parts of Capitalism: 17. False Advertising: 18. Recession: 19.…

A: Capitalism refers to an economic system in which private individuals or businesses own capital…

Q: 1. What were the causes that led to the rise of the industrial economies and what were their link to…

A: ‘Industrial economy’ concerns about factors of production (facilities, supplies, work, knowledge) to…

Q: 3. The Industrial Revolution refers to the rise of the modern factory system in during the late…

A: Industrial Revolution is the revolution that transformed the manufacturing sector and the advent of…

Q: Unlike a market economy, a command economy: a. Consumer sovereignty to make production decisions b.…

A: Economy of a country includes all the economic activities that are undertaken in the country.

Q: 73. IcecultureInc of Ontario emplyes 50 people and exports around the world. It would be considered…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: The following are the characteristics of the first Industrial Revolution, except:   a. Low cost of…

A: The first industrial revolution occurred roughly between 1760 and 1830. There was a transition to…

Q: Explain characteristic of following  economic system: Command economic system

A: The economic system would depend on the power and functions on the various economic agents involved…