What is an example of a free enterprise system?

Pros of a Mixed Economy 1. Economic Freedom: A mixed economy allows for both private and public enterprise to operate in an economy, providing individuals with more economic freedom and choice.

2. Economic Efficiency: Government intervention in a mixed economy is typically limited, which allows for a more efficient allocation of resources and production.

3. Stability: A mixed economy provides stability, since both the private and public sector participate in the economic decision-making, avoiding extreme changes in the economic cycle.

4. Innovation: The private sector tends to drive innovation in a mixed economy, leading to higher productivity and economic growth.

Cons of a Mixed Economy

1. Less Predictability: It can be difficult to predict the direction of a mixed economy, since both the public and private sector are involved in making decisions.

2. Inequality: The private sector may produce more wealth, leading to increased inequality and social unrest.

3. Limited Government Control: Government intervention in a mixed economy is limited, which may lead to an inefficient allocation of resources.

4. Market Failure: The private sector may not always act in the best interest of the public, leading to market failure and economic instability.

To know more about economy here

https://brainly.com/question/30105821

#SPJ4

The statement above is true Hume's theory said that passions are impressions rather than ideas and Hume's theory that support about  experiment with radical doubt.

Hume's view or also known as Hume's theory in general can be defined as David Hume's simple ideas which are effectively a mold of simple perception: “All our simple ideas in first appearance originate from simple impressions, which correspond to them, and which they properly represent”. David Hume is famous for his radical empiricism, for his naturalistic theory of mind, for the elegance of his prose,  for his skepticism of religion, for his critical account of causation.

Here you can learn more about Hume's theory https://brainly.com/question/10470397

#SPJ4

Life insurance is not for everyone, it depends on their situation. Example of people who need life insurance are: couples who are not financially independent or new parents. Example of People who might not need life insurance are: a single person or very rich man.

People who do not need life insurance:

- A person who has amassed enough fortune to provide for their family after their death,

- A single person and no one depends on his/her income.

- A person whose children are independent adults

People who might need life insurance:

- Couples who are not financially independent

- A person who is a mortgage holders

- New parents or parents who has little kids

- Those who desire to leave a financial legacy

Learn more about life insurance here:

https://brainly.com/question/30121079

#SPJ4

There are two types of mixed economy.  The government sets up diligence, invests its own capital, purchases or hires productive coffers, and takes the threat of profit or loss like an ordinary entrepreneur.

There are also Joint Sector which is participated both by the Private and the Public Sector.   A mixed economy combines the advantages and disadvantages of three types of husbandry request, command, and traditional economies. Indian frugality is mixed because both private and public sectors co-occur, and both work under the general guidance of profitable planning.

Exemplifications. The US frugality is stylishly described as a mixed frugality because, even though it explosively advocates free request principles, it relies on the government to deal with matters that the private sector overlooks, ranging from education to the terrain.

To learn more about the mixed economy, visit here

https://brainly.com/question/28793850

#SPJ4

In its list of the top 50 people who matter most to businesses, Business 2.0 rated "You - the customer" at the top.

To learn more about Customer from the given link

https://brainly.com/question/1286522

#SPJ4

There are two types of scarcity: absolute scarcity and relative scarcity.

Absolute scarcity refers to a situation where there is a finite amount of a resource and it cannot be replenished. This type of scarcity is most often seen in natural resources, such as oil or water.

Relative scarcity, on the other hand, refers to a situation where there is an insufficient amount of a resource relative to the demand for it, and the resource can be replenished.

This type of scarcity is most often seen with economic resources, such as money or labor. In both cases, the scarcity of the resource can lead to higher prices and decreased availability.

For more questions like Scarcity click the link below:

https://brainly.com/question/30123232

#SPJ4

Answer: Ethical culture

Explanation:

The integrity of choices is reflected in an organization's ethical culture, which is influenced by a variety of elements such as company regulations, senior management's ethical leadership, the impact of coworkers, and the possibility of unethical action.

Adjusted balance in Allowance accounts = $ 22500 beg credit balance - $ 37500 written off + ($900000 credit sale x 3%)= 22500 – 37500 + 27000

= $ 12,000.

Credit is the trust that permits one party to lend money or resources to another party, with the second party promising to repay or return those resources at a later period rather than immediately repaying the first party. In other words, credit is a technique of formalising, legally enforcing, and extending reciprocity to a broad number of unconnected persons.

The resources offered may be monetary or in the form of products or services. Credit includes any type of deferred payment. A creditor, also known as a lender, extends credit to a debtor, also known as a borrower.

To know more about credit here-

https://brainly.com/question/1475993

#SPJ4

Pay per hour = $10.5 i.e., 10.5/4 = $2.625 per quarter-hour, Total Quarter Hour pay = $225.750 + $ 202.125 = $427.88 and 1 hour = $10.5 Total pay as per Hundredth hour = $227.010 + $205.905 = $432.92.

A payment is the voluntary offer of money or its equivalent or of valuable objects by one party to another in return for products or services given by them, or to satisfy a legal obligation. The person making the payment is known as the payer, and the party receiving the money is known as the payee.

Payees are generally free to choose the form of payment they choose, while most regulations require the payer to accept the country's legal cash up to a certain maximum. Unless the parties agree differently, payment is typically made in the payee's native currency.

To know more about Pay here-

https://brainly.com/question/14690804

#SPJ4

The gravitational force at an altitude of 367.5 km above Earth's surface is approximately 90% of Earth's gravitational force at the surface. The gravitational force of Earth on the ISS astronauts can be calculated using Newton's Law of Universal Gravitation:

F = G * (M1 * M2) / (d^2)

Where F is the gravitational force, G is the gravitational constant (6.67 x 10^-11), M1 and M2 are the masses of the two objects, and d is the distance between the two objects.

For the ISS astronauts orbiting at an altitude of 367.5 km above Earth's surface, the distance d between the astronauts and Earth is equal to the radius of Earth (6371 km) + 367.5 km = 6738.5 km.

Therefore, the gravitational force of Earth on the ISS astronauts can be calculated as:

F = 6.67 x 10^-11 * (5.972 x 10^24 kg)^2 / (6738.5 km)^2

F = 9.79 N

The gravitational force of Earth on the ISS astronauts is 9.79 N. The gravitational force of Earth on a person standing on the surface of the Earth is 9.81 N.

To know more about gravitational force here

https://brainly.com/question/15849606

#SPJ4

Although expensive to develop, nuclear power facilities are comparatively inexpensive to operate. As a source of power, nuclear energy competes with fossil fuels in many locations.

The system cost of bringing supply from any source up to par with real grid demand is another economic factor. The cost of the system is small for dispatchable sources like nuclear power, but it increases for intermittent renewables whose production depends on sporadic inputs from the sun or wind. The system expenses quickly exceed the actual cost of generating electricity from those sources if the fraction of such renewables rises over a nominal percentage of the total. This is modelled in a 2019 OECD Nuclear Energy Agency research, is extremely obvious in Germany, and is a crucial factor in source comparisons beyond the LCOE (see section below on Other costs).

Learn more about  nuclear power here:

https://brainly.com/question/3602665

#SPJ4

Integrity is demonstrated by staff members who stay current on corporate news and are always learning new facets of their jobs. The correct answer i option (d).

An employee is a person hired by an employers to do a certain duty. The salary, number of hours worked, and employment conditions of employees are all at the authority of their employers. A person, company, or other organization that employs employees and pays them for their labor is said to be an employer.

Unsurprisingly, this issue continues to rank among the top priorities for employees. Workers who frequently aren't permitted to use their talents go for positions where they can; those who occasionally gets to do so look for jobs where they can use those skills even more.

To know more about employees, visit:

https://brainly.com/question/27404382

#SPJ4

The full question is,

Employees who keep themselves up to date on company news and continually learn new aspects of their job show _____.

A. falsity

B. foolishness

C. presumption

D. integrity

Access the full arrangement of assets that make up the USDA natural guidelines. The natural yield creation guidelines require that: Land probably had no precluded substances applied to it for no less than 3 years before the reap of a natural harvest.

In the event of a multi-fixing item where at least 95% of fixings are of the affirmed beginning, can be named as 'Ensured Natural'. Under the PGS-India framework: if there should be an occurrence of a single fixing item where all necessities have been met, might be named 'PGS-Natural'.

Complete an endorsed instructional class. ranch and deal with the land remembered for the application. register with, and be supported as, a natural administrator by a confidential examination body. have a base ranch area of 3 hectares.

Learn more about organic:

https://brainly.com/question/12825206

#SPJ4

d. increase the duplication of tasks

One way is to complete VA Form 21-438, Statement in Support of Claim, and include a copy of the death certificate with the form.

For deaths occurring on or after October 1, 2019, VA will pay up to $796 toward burial and funeral costs (if the deceased was hospitalized by VA at the time of death) or $300 toward burial and funeral costs (if the deceased was not hospitalized by VA at the time of death), as well as a $796 plot-interment allowance (if not buried in a national cemetery).

To know more about increase visit:

https://brainly.com/question/23970286

#SPJ4

Learn concepts like "Other things the same," "increase in the price level makes," and other related terms by studying with Quizlet and memorising flashcards.

What is another word increase?

Increase has a number of popular synonyms, including augment, enlarge, and multiply. While all of these verbs indicate "to make or become greater," "increasing" denotes progressive expansion in size, amount, or intensity when used in the passive. When employed in the active, however, it could also suggest simple addition rather than progressive growth. Increase means to grow or increase in size, quantity, or any other way, like in Our revenue will rise as demand rises. /nkris/ B1. to (make something) increase in size or quantity.

Know more about flashcards visit:

https://brainly.com/question/15418113

#SPJ4

Public goods are challenging to offer because of non-excludability, whereas common resources are vulnerable to the issue of overuse. The overuse of shared resources is a serious problem.

particularly when there are insufficient social management safeguards in place to protect the primary resource. A common resource also goes by the moniker of the open-access resource. Common resources cannot be disregarded, notwithstanding their competition for utilization. smog-filled roadways and air pollution. Public goods commonly overuse common resources because they are not paid for using them. Public goods are products that are broadly available to all people in a society or community and have two distinctive qualities: they are not exclusive and they are not in a competitive market. They are available for use by anyone, and doing so does not limit their availability.

Learn more about Public goods here

https://brainly.com/question/14975509

#SPJ4

The term "sales allowance" refers to the credit given to a customer for a portion of the sales price of goods that aren't returned, lowering the merchandising company's accounts receivable as a result.

To learn more about sales allowance refer

https://brainly.com/question/28390700

#SPJ4

 Leading indicators, Lagging indicators, and coincident indicators  are the three Economic Indicators .                      

Macroeconomic data that describe the state of an economy are known as economic indicators. Use them to ascertain if an economy is thriving and growing or struggling and shrinking. Economic indicators are available in three varieties: coincident indicators, lagging indicators, and leading indicators. Leading indicators are thought to anticipate economic trends. These statistics are used by analysts to try and predict changes in the business cycle. Coincident indicators change concurrently with the business cycle and capture the state of the economy at any given time. Lagging signs include things like Average time spent unemployed ,

average prime rate that banks charge ,The cost of labour per unit of production has changed.  

Government or nonprofit institutions, such as the Conference Board, the Federal Reserve System, the Bureau of Labor Statistics, and others, publish the most trustworthy and thoroughly scrutinised economic indicators.

For such more questions on Economic indicators:

brainly.com/question/29805891

#SPJ4

It will be terminated due to supervening illegality.

An embargo is a trade ban that is often implemented as an economic sanction by a country, a group of nations, or an international organization. Embargoes may prohibit entire trade or merely some types of it, such as importation of weapons.

The idea of supervening impossibility is shown by the following examples: A and B sign a contract committing to get married. Before the marriage is performed, A becomes wild. Due to insanity, the contract is void.

A contract that could be performed at the time it was signed could thereafter become impossible to fulfill or illegal. In such circumstances, the contract is void. The doctrine called Supervening Impossibility refers to this. A different name for it is the Theory of Frustration.

Learn more about About embargo here:

https://brainly.com/question/900121

#SPJ4

A) The customer cash's out $1,000 from the account. The Special Memorandum Account, which does not include equity or cash, is referred to as SMA.

The minimum equity will be $5,000, or $25,000, which is 25% of the market value. The minimum maintenance call requirement for the NYSE is 25%. However, the customer only has $4,000 in the margin account, or $16,000. The debit balance is $16,000, while the market value is $20,000). As a result, the account needs an additional $1,000 ($5,000 x $4,000).

An SMA, or special memorandum account, is a credit line that is created when there is an excess of current equity over the current market value of the Registration T requirement. Investors frequently use this acronym. Maintaining purchasing power is its goal.

To learn more about special memorandum account here:

https://brainly.com/question/28482001

#SPJ4

Full Question = A customer's margin account has a market value of $20,000, DB of $16,000, and an SMA of $2,000. Based on this account, what would be the NYSE Minimum Maintenance Call?

a. $1,000 cash

b. $1,000 from SMA

c. $5,000 cash

d. $2,000 from SMA

Lundy Company will have a bond discount that should be amortized and will be $1,900.

$21,900 worth of interest was paid in the first six months after the bonds were issued [$438,000 carrying amount x 10% effective rate x (6 x 12)]. The regular cash payment equals $20,000 [$500,000 face amount x 8% stated rate x (6 + 12)] every period. The amount of the discount that needs to be amortised over this 6-month interest term is the $1,900 ($21,900 - $20,000) difference.

A bond's bond discount is the difference between the market price and the principal that will be due when the bond matures. Because the higher face value is paid when the bond matures, a bond that was issued at a discount has a market price below its face value. This results in capital growth over time. When a bond offers a coupon rate that is less than the going rate of interest, it will trade at a discount. Investors will pay less for a bond with a coupon rate lower than the going rate because they want a larger yield; the initial discount offsets the lower coupon rate.

To learn more about bond: https://brainly.com/question/25965295

#SPJ4

The goods and services in a communist economy are controlled by the government. The government tends to make the decisions.

In a communist economy, the government tends to dictate the economic structure; thus, the economic instability here is out of the question. Thus, here every citizen is required in order to work to receive benefits, and those who don't have the said corresponding sanctions.

However, this tends to create an incentive to participate and to encourage economic growth. For almost a large part of the 20th century, about one-third of the world lived in communist countries. Where countries were ruled by dictatorial leaders.

Hence, under communism, none of the means of production are owned by the individuals.

To learn more about the communist economy here:

https://brainly.com/question/14881732

#SPJ4

A broker could be able to provide accurate evaluations and similar property sales prices. They provide agents for sellers and purchasers with information about the trend in real estate values.

is accountable for your activities for at least the first years of your profession, keeps your licence inside the broker's offices, supervises and trains you.

A broker is a person or business that stands between a prospective buyer as well as a securities exchange. A company's function as a customer's agent when it collects a commission from the customer for its services is sometimes referred to as acting as a broker.

To know more about broker visit:

https://brainly.com/question/14455739

#SPJ4

The GDP for this economy will be  $3,237billions at personal consumption expenditures $2,460 and gross private domestic investment $320.

given data;

personal consumption expenditures = $2,460

gross private domestic investment = $320

government purchases = $470

government exports = $22

government imports = $35

the formula for gdp will be:

GDP = G + I + C + (X-M)

        = $470 + $320 + $2,460 + ($22-$35)

        = $3,250 - $13

        =$3,237billions.

Gross domestic product (GDP) is the total monetary worth, or market value, of all completed products and services produced inside a nation's boundaries over a certain time period. It serves as a thorough assessment of a particular country's economic health as a broad indicator of entire domestic production. Despite being computed on an annual basis in the majority of cases, GDP is also occasionally estimated on a quarterly basis. The government of the United States, for instance, produces an annualised GDP estimate for both the calendar year and each fiscal quarter. Since each piece of data in this report is presented in actual terms, price changes are taken into account while calculating the data, which results in data that is net of inflation.

learn more about GDP here

https://brainly.com/question/15682765

#SPJ4

The time between completions of successive units is known as the​ Cycle Time of the line.

Cycle Time is the amount of time a team spends actually working on producing an item, up until the product is ready for shipment. It is the time it takes to complete one task.

Example:- Consider a manufacturing facility, which is producing 100 units of product per 40 hour week. The average throughput rate is 1 unit per 0.4 hours, which is one unit every 24 minutes. Therefore the cycle time is 24 minutes on average.

To know more about Cycle time, visit: brainly.com/question/15970682

#SPJ4

Businesses evaluate their information requirements to discover the kind of data that will help you in dealing with ethical challenges.

In product innovation and optimisation, a need is a single recorded physical or functional requirement that a specific design, product, or process attempts to meet. It is widely used in a formal sense in design process, such as systems engineering, software development, or enterprise engineering. It is a broad concept that could refer to any person's right, attribute, ability, trait, or quality of a technology for it to be valuable and beneficial to a customer, company, internal user, or even other stakeholder. A specification document or requirement "spec" refers to the an explicit, highly unbiased demand to be achieved by a material, architecture, item, or service.

Learn more about service here

https://brainly.com/question/28446608

#SPJ4

The loss of consumption required to generate the investment resources is another opportunity cost of investing in human capital. correct option is c.

The price of the next-highest alternative use of a resource is what economists refer to when they talk about its "opportunity cost." For instance, if you spend time and money going to the cinema, you aren't permitted to watch the same movie at home or spend the money on something else. In microeconomic theory, the term "opportunity cost" refers to the value or advantage lost by engaging in one activity as opposed to another. More specifically, it indicates that by choosing one activity, you forgo the opportunity to participate in another.

To know more about opportunity cost visit:

https://brainly.com/question/13036997

#SPJ4

In mid-twelfth century, Climate change created a subsistence crisis in Central Asia.

The drying of the region had a significant impact on the population, leading to food shortages and widespread famine. Additionally, the drought made it difficult to grow crops and herders struggled to find enough pasture for their animals, resulting in increased competition for resources. This led to migrations of people and conflicts between different groups over land and resources. The crisis likely had a major impact on the political and social structure of the region and may have contributed to the decline of the Khwarezmian Empire, which was a major power in Central Asia at the time.

Learn more about Central Asia here:

brainly.com/question/20213584

#SPJ4

Behavior that is performed by an employee "for its own sake" is referred to as intrinsically motivated behavior.

What is an Employee?

An employee is a person who works for a company or organization and is usually paid in exchange for their labor. Employees may be full-time, part-time, temporary, or permanent. They may also work on a contract basis or be self-employed. Employees may be responsible for a variety of tasks depending on their job role, such as customer service, sales, accounting, manufacturing, engineering, or administrative duties.

What is Intrinsically motivated behavior?

Intrinsically motivated behavior is behavior that is driven by internal rewards such as satisfaction, accomplishment, or personal growth. It is behavior that is done for its own sake, out of interest or enjoyment, rather than for an external reward.Examples of intrinsically motivated behavior include learning a new skill, playing a sport for the love of the game, and volunteering for a cause that you are passionate about.

Therefore the correct optio is C. intrinsically motivated behavior.

To know more about Employee,

https://brainly.com/question/27404382

#SPJ4

Virtual interview is where you are  expected to create a sample business email.

Hence, Option D is correct

To know more about interview here

https://brainly.com/question/20343593

#SPJ4