How does the capitalism economy give to the communities?   How does the capitalism economy take away from communities?

Q: What are economic systems, and how do they differ?

A: Answer: Economic system: it refers to the system by which resources, goods, and services are…

Q: What are the four basic economic questions? How are they answered in a capitalist economy?

A: The four basic questions concerning an economy are: (a) What and how much quantity of goods and…

Q: What does the Powerbar model tell us about how creativity fits into a market economy?

A: Ans-    Market power model means a broader market which existing rebranding bar.  It is constant…

Q: What is the main purpose of Utopia’s economy?

A: A particular place/society, that is almost perfect in every way possible, presented hypothetically,…

Q: What are economic communities?

A: Answer: Economic communities are formed to promote international trade and economic cooperation…

Q: how to find the Production possibilities frontier

A: PPF (Production Possibility Frontier): It refers to the graphical representation of all possible…

Q: Why does economy exist in the world?

A: Economics is the study of household management and the activities related to the business or firm in…

Q: What are the different types of Economic Systems?

A: An economic system is a method by which social orders or governments coordinate and disperse…

Q: four

A: The characteristics of economic systems are : Command Economy : the government is in turn control…

Q: Which economic system does a better job improving living conditions for the poor, capitalism or…

A: The system through which governments or society organizes and distributes the availability of…

Q: Which economic system works best for societies?

A: An economic system is a system that determines the production and distribution of goods and…

Q: Is there a change in the resources available to society? explain why.

A: Economics is the study of allocation of scarce resources among alternative uses to satisfy human…

Q: How market mechanism solves the basic economic problems?

A: The market economy will help to solve the economic problems.

Q: Which of these economic systems have the most in common? A Free-enterprise economy and market…

A: This can be described as a form of market in which no single producer or consumer has the power to…

Q: What drives a free market economy?

A: In a  free-market economy, market forces will run the economy, demand and supply are the market…

Q: What are the main differences between a capitalist (market-based) and socialist (command) economic…

A: There are various types of economic systems depending on the degree of participation of public and…

Q: What are the best institutions for achieving economic goals?

A: An institution is a social structure in which people tend to cooperate and also influencing the…

Q: What do we mean when we say individuals are both products and producers of society.

A: A producer is defined as an individual who creates and supplies the goods and services in the…

Q: hat are examples of free-market economies?

A: Below are the three types of economies:1. Free market economy2. Command economy3. Mixed economy In…

Q: What are examples of society's widely accepted economic goals?

A: Economic goals: - Economic goals are the desired conditions of the people of a country which improve…

Q: What are the advantages of a free market economy?

A: A free market is a type of market economy where prices for all goods and services are regulated in…

Q: Describe three different kinds of economic systems.

A: Different kinds of economic systems include;    1. A command economy    2. A market economy   3. A…

Q: What are the types of economic systems? How will you differentiate Command from a Market economy?

A: There is scarcity of resources across the world. These scarce resources undergoes through a…

Q: Why is business failure a necessary phenomenon in a free economy? It allows entrepreneurs to deduct…

A: Free economy represents a type of economy in which access to productive resources in an economy in a…

Q: what are differences between 4 economic systems?

A: An economic system is a way for governments or communities to distribute and organise resources,…