The branch of economics that looks at the operation of a nation's economy as a whole

Q: How does the global economy affect organizations and processes?

A: By the global economy one can refer it as the process by which people, and one's culture, money,…

Q: What did Adam Smith predict would happen if economic individualism were allowed to operate in a…

A: Adam smith predicted that if individualism was allowed to operate in a country,democratic governance…

Q: What are the characteristics of a good and prosper economy?

A: A society's or a region's system for producing, consuming, and distributing products and services is…

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: Economics is mostly concerned with the best use of resources to improve human lives the study of…

A: Economics as a subject is known to have evolved from the Mauryan dynasty of ancient India, mainly…

Q: important role of science and technology in economy

A: The fields of science and technology are extremely important to the functioning of the economy. They…

Q: Can you explain or give me an overview of the chinese economy?

A: By 2020, China's economy, which has experienced exponential expansion in recent decades, will have a…

Q: A fast-food company spends millions of dollars to develop and promote a new hamburger on its menu…

A: Economic perspective refers to seeing the situation through the lens of economics and making…

Q: An economic systems mechanism which deals with production

A: An economic system is a method by which societies or governments organise and distribute available…

Q: What will be produced in economic and how it will be produced?

A: The economic questions arise because of the scarcity of resources and the unlimited wants. Economies…

Q: Economics MOST broadly includes anything related to a. national economies b. decision-making c.…

A: Economics is far more than money. It's all about balancing the pros and cons of various options. The…

Q: Which of the following types of economy describes the economy of the SULTANATE OF OMAN? A ) Amarket…

A: Market Economy: In this economy, the production and prices are determined by the private ownership…

Q: Why do people or countries specialize?

A: Reasons for specialization or why countries or people specialize: ·         With the help of…

Q: Select one sustainable development goals from any of the 17 SDGs ( I chose climate action). Make a…

A: In September 2015, the General Assembly adopted the 2030 Agenda for Sustainable Development that…

Q: What type of economy does China has

A: An economy is a place where products and services are produced, distributed, traded, and consumed.…

Q: Describe and analyze an issue related to a particular time period in the economic history or of…

A: The stock market is a centralized marketplace where individuals and institutions can purchase and…

Q: Please explain classical and neo-classical from schools of thought.

A: New classical theories emerged around 1900.

Q: what did adam  proposed that government should do to help the economy

A: Government is a very important economic unit. It controls an economy and provides various resources…

Q: example of a significant aspect of an economy?

A: Economy- It is a group of activities related to production and consumption which helps in the…

Q: The world is getting richer because

A: When we say that the world is getting richer then we means that per capital income of an economy…

Q: In 1950, Nicaragua and Brazil had roughly the same size economies. Now, Brazil's economy is almost…

A: A developed economy has better resources in production process. Better technology and skill set…

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: List and analyse the main economic and social indicators of Nigeria. You may compare your Nigeria to…

A: Economic indicators are statistics that tell us how well an economy is doing. These metrics are…

Q: The answer to, "What goods are to be produced?" deals with: who gets the goods. Ohow tastes and…

A: The economic problems of  "What goods are to be produced", "How to produce", and "For whom to…

Q: Identify some problems of the country (Philippines). Do the identified problems have something to do…

A: Introduction The economic system in Country P is a hybrid one that combines various forms of…

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: Look up data on the current unemployment rate, inflation rate, and/or GDP growth rate.  Based on…

A: GDP is growing at the rate of 2% in the United States.    This means that national income is not…

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: As you read about global economics, complete the chart by filling in the cause or effect

A: Simply said, globalization is the linking of various regions of the globe.Globalization is described…

Q: mic

A: The science which studies how people tend to interact with each other along with the prospects of…

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: How do you feel that business cycles and the health of the economy affect the value of your labor?

A: ANS Business cycles comprise of two phases namely a phase of expansion and a phase of contraction.…

Q: how the global economy works

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: Which type of economic system do you support? Why?

A: The mixed economic system, market economic system, and the command economic system are the three…

Q: How might the economy in the United States change as it moves closer to a technology-driven service…

A: The technological innovation has made all the developed economies like the United States more…

Q: What are the fundamental problems and issues facing an economy in general?

A:

Q: Name three aspects that affect the global economy.

A: Globalization affects economic resources such as commodities, services, data, technology, and…