Economic freedom must come from a democratic government. is not important for nations to grow. is harmed by having too many property rights. is created when the nation imposes many regulations on businesses. is founded, in part, on the rule of law.

Incentives such as tax breaks for fuel-efficient cars or the use of social stigma to discourage certain activities are created by throughout society. individuals technological progress constant returns to scale institutions

The government should impede the pace of innovation, which is tearing apart the social fabric of the country. While some get rich from newfangled ideas, others watch bitterly as their livelihoods are destroyed.  Refute this statement

Choose ALL of the key terms listed below which are usually associated with a country that earns $10,000 or less on average, has a low literacy rate, and has little political or economic freedoms. OMDC ONIC OLDC OMore developed country ONewly Industrialized country Less developed country ODeveloped Dorzaloning

This question is based on the following definitions below. Pure Capitalism . Government does not regulate production Pure Communism . Government does not • Each individual works for his own success regulate production Each individual works for the good of all Democratic Socialism . Government owns basic industry System permits some private enterprise American Capitalism Individuals determine own Private enterprise has freedom means of production . Consumer has greater freedom • Individuals and consumers determine production . Government owns all means of production . Government controls all aspects of citizens economic lives Biologist Charles Darwin believed that the species that was best able to adapt would continue to exist-survival of the fittest. Under which of the following situations would his theory apply? A. Franklin Roosevelt's New Deal and government-funded work programs B. Dwight Eisenhower's policies of moderation in defense spending C. Teddy Roosevelt's progressivism and…

In my opinion, I believe that the United States is not an economically just society. The economic structure lacks balance and an even distribution. The United States economy benefits from our struggles. Healthcare is outrageously expensive, and student loans are almost impossible to pay back. There are opportunities nowadays for the wealthy to remain so, and those in poverty struggle to make their way up. Taxes can be legally written off through business entities, making LLC owners prosperous in regard to finances. When you receive your next paycheck, look at the total amount of tax taken from your earnings. It is a ridiculous number, for what we are paying in taxes. Our tax dollars go straight to the government for "roads" and "education". In reality, we have billions of dollars being sent across the world, and our money is practically thrown away. Our economy is currently extremely unjust, and we have to pay to stay alive in the sense of healthcare and highly taxed food. In order to…

Why is business failure a necessary phenomenon in a free economy?

Businesses in Finland sell a wide variety of products with manufacturing, woods, telecommunications, metals, engineering, and electronics being the primary exports. Businesses are free to sell any legal product they want in any manner they desire as long as it does not violate any laws or ordinances. The nation has a very liberal welfare policy with most citizens, even at an early age, receiving monthly pension checks from the government. What type of economic system is employed in Finland?