Problem on Capitalism economies

I have a problem in economics on Problem on Capitalism economies. Please help me in the following question. Economies primarily based on private resource ownership and decentralized decision making are: (i) Communistic economies. (ii) Fascist economies. (iii) Capitalist economies. (iv) Socialistic economies. (v) Democratic republics.

Select the accurate answer.

View Complete Question

Related Questions in Public Economics

Q : Theory of Smiths - Economic Development

Theory of economic development by Adam Smith relies upon a ________ to kick-start the process, and subsequently _________ to continue this. (w) higher wages./ the wages fund. (x) division of labor/ higher wages. (cy) explosive p

Q : Determine desirable items without

Desirable items without opportunity costs are termed as: (i) free goods. (ii) economic goods. (iii) capital goods. (iv) financial goods. (v) gifts of nature. Hey friends please give your view for the problem of opportunity

Q : Define a common approach to economics A

A common approach to economics involves studying how: (i) charging interest on loans can be ethical. (ii) resources are allocated to satisfy human wants. (iii) individuals and government should balance their budgets. (iv) to determine the best bargain

Q : Changes in relative prices make

Changes in relative prices make easy allocative efficiency through operating like a rationing mechanism while: (i) Ken and Barbie postpone their wedding since they both lost their jobs throughout a recession. (ii) Political instabilit

Q : Human choices and consequences in

Economics as like a Science is most relates with: (a) human consequences and their choices. (b) mathematical formulas to compute profit. (c) how government agencies price services and goods. (d) wealth accumulated through private ente

Q : Uses of Normative Economics over

Can anybody propose the proper explanation for specified problem regarding Normative Economics. Positive economic analysis might NOT be used to test the idea which higher cigarette taxes would reas

Q : Savings as big investment The Economic

The Economic growth in a proficient economy will tend to increase when: (1) Capital quickly depreciates and becomes obsolete. (2) Threats of war divert resources to the national defense. (3) People’s savings increase to permit bigger investment. (4) Funds for re

Q : Administrative estimations of peoples

The requirement criterion of distribution usually entails: (1) Greater production incentives than the other systems. (2) Much difficult administrative estimations of people's requirements. (3) Generation of extreme pollution. (4) Dividing national inc

Q : Explain about the term whom in

The fundamental economic questions are "What?”, “How?”, and “For whom”? When we ask, "For whom?", we need to know who will: (w) produce the goods. (x) consume the goods. (y) get the profits. (z) decide wh

Q : Invisible hand of Adam Smith “

“Invisible hand” of Adam Smith refers to the combined results of: (w) monopoly plus altruism. (x) democracy and freedom. (y) self-interest plus competition. (z) taxes and government regulation.

Discover Q & A

Leading Solution Library

Avail More Than 1429180 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1926499
Asked

3,689

Active Tutors

1429180

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment