Ask Question
BusinessBusiness
17 February, 17:31

Which of the following has a pure market economy? the United States China Great Britain none of the above

+4
Answers (1)
  1. 17 February, 20:45
    0
    United States

    The United States is said to have a pure market economy since price, production and labor are decided by the companies, consumers and workers without the influence or aid from the government. Thus, companies can decide on prices that the consumers are willing to pay while workers can demand on wages that companies are willing to give for their services.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following has a pure market economy? the United States China Great Britain none of the above ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A noted business executive said, "A company's first obligation is to be profitable. Unprofitable enterprises can't afford to be socially responsible." Do you agree? Discuss.
Answers (1)
Granting a foreign company the right to manufacture your product your product or to use your firm's trademark in return for a fee is called:
Answers (1)
Calculating Average Operating Assets, Margin, Turnover, and Return on Investment Barnard Manufacturing earned operating income last year as shown in the following income statement: Sales $4,000,000 Cost of goods sold 2,100,000 Gross margin
Answers (1)
Florida has an agreement with some other states which recognizes the similarity in education and experience requirements
Answers (1)
Suppose you have a friend who says she does not need any resources or career experience before selecting a career, because she has already chosen her career. What might you tell her about career resources and their importance in career selection?
Answers (1)
New Questions in Business
Which of the following would be the best example of a total institution? a. a mental hospital b. a private university c. a parochial school d. a baseball team
Answers (1)
What is an over-zealous speaker?
Answers (1)
The amount of fica tax that employers must pay is twice the amount of the fica taxes withheld from their employees. true or false
Answers (1)
Joe tells you, "I'm concerned that if a Theo Chocolate manager is doing something unethical, I'm not going to hear about it." He asks, "What can I do to encourage employees to speak up if they see something wrong?" What advice would you give him?
Answers (1)
A company determines the cost of goods sold each time A. a sale occurs in a periodic inventory system only. B. a perpetual inventory system only. C. both a periodic and perpetual inventory system. D. neither a periodic nor perpetual inventory system.
Answers (1)
Home » Business » Which of the following has a pure market economy? the United States China Great Britain none of the above
Sign Up Forgot Password?