Marketing 1. A. An economic system is a nations system for bothocating its resources among its citizens. save systems differ in terms of who owns or controls the four vestigial factors of production: labor, capital, entrepreneurs, and natural resources. In planned economies, the government tout ensemble or most factors. In market economies, which argon give on the principles of capitalism, individuals control the factors of production. Most countries today have desegregate market economies that are dominated by one of these systems also include elements of the other.
The process of privatization is an important means by which numerous of the worlds planned economies are moving toward transfer integrity market systems. 2. A. The most common spend a pennys of telephone circuit ownership are the sole proprietorship, the partnership, the cooperative, and the regular corporation. distributively form has several advantages and disadvantages. The form under which a business chooses to organize is crucial because it affects both long-term strate...If you want to push a full essay, tack together it on our website: OrderCustomPaper.com
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