science
What economy makes their own decisions?
A centrally planned economy, also known as a command economy, is an economic system in which a central authority, such as a government, makes economic dec...
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Science
science
Who are the five different audiences your message may need to address?
Gatekeeper. Primary. Secondary. Auxiliary. Watchdog. What is the watchdog audience? Watchdog Audience: This is an audience with political, social or econ...
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science
What are the four components of aggregate expenditure?
There are four main aggregate expenditures that go into calculating GDP: consumption by households, investment by businesses, government spending on goods...
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science
What does monetary union mean in economics?
Monetary tradition has long assumed that, in principle, each sovereign state issues and manages its own exclusive currency. A monetary union may be define...
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science
Why did Lincoln oppose Kansas-Nebraska Act quizlet?
Why did Lincoln oppose the Kansas-Nebraska Act (and slavery)? It cause the north and south to hate each other even more because the Kansas could now have ...
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science
What does it mean when the trade balance is negative?
trade deficit If exports exceed imports then the country has a trade surplus and the trade balance is said to be positive. If imports exceed exports, the ...
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science
What was the highest gas price in 2009?
$2.693 Gas prices have fallen for 26 days in a row after climbing to $2.693, the highest level of 2009, on June 21. What was the price of gas 2010? Nation...
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science
How did consumerism help economic growth of the 1920s?
The prosperity of the 1920s led to new patterns of consumption, or purchasing consumer goods like radios, cars, vacuums, beauty products or clothing. The ...
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science
What does it mean to live in affordable housing?
The federal Department of Housing and Urban Development (HUD) defines an “affordable dwelling” as one that a household can obtain for 30 percent or less o...
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science
How can the economic development of a country help to improve its social development?
Economic development increases individual resources, reducing dependency on the extended family or group. This gives people opportunities and means to mak...
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