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Economics
Economic Systems
Free Market Capitalism
How does economic growth occur according to free market capitalist?
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http://en.wikipedia.org/wiki/Capitalism
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Which of the following is an argument against government regulation in a free-enterprise system?(1 point) Responses Regulation
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The market will regulate itself.
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Question Which of the following has been the result of the shift toward a more free-market economy in
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greater economic growth
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Which of the following economic systems relies on customs, traditions, and cultural beliefs to make economic decisions?(2
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Traditional economy
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The GDP is a good indicator of economic growth and is driven within a free market by which of the following?
competition
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The GDP is driven within a free market by competition, services, and goods.
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Why does the government need to handle market failures?
Market failures indicate a scarcity of resources, so it must be managed
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The government needs to handle market failures because the natural forces of a free market do not
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Which economic concept describes a period of rapid economic growth and profit, followed immediately by a period of declined of
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A boom bust
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Why does the government need to handle market failures?(1 point)
Responses Market failures occur when goods or services are
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Market failures occur when the free market system does not allocate resources efficiently or produce
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Which economic concept describes a period of rapid economic growth and profits followed immediately by a period of decline in
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a boom-and-bust cycle
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Which economic concept describes a period of rapid economic growth and profits followed immediately by a period of decline in
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a boom-and-bust cycle
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Related Questions
Which of the following has been the result of the shift toward a more free-market economy in Mexico?
A.greater economic growth***
Which of the following is true considering the differences between a command and a free market economy? (1 point)
a. command
Working where we want to is an example of which economic goal?
A. economic freedom B. economic growth C. economic security D.
Which of the following is characteristic of a capitalist economic system?
a. free enterprise b.self-reliance c.private property
Which economic concept describes a period of rapid economic growth and profits followed
immediately by a period of decline in
Which economic concept describes a period of rapid economic growth and profits followed
immediately by a period of decline in
Which economic concept describes a period of rapid economic growth and profits followed
immediately by a period of decline in
Which economic concept describes a period of rapid economic growth and profits followed immediately by a period of decline in
which of the following has been the result of the shift toward a more free-market economy in Mexico
A: greater economic growth B:
What has been the result of free market policies in Mexico?
Greater economic growth. (MY ANSWER) Les trade with other countries.
