In which type of economic system does the government control the means of production and distribution?

In which type of economic system does the government control the means of production and distribution?
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What is the economic system in which means of production and distribution are privately owned and operated for profit under competitive conditions?

Description : What is the economic system in which means of production and distribution are privately owned and operated for profit under competitive conditions?

Last Answer : The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.

What economic system does the government have complete control over manufacturing and production?

Description : What economic system does the government have complete control over manufacturing and production?

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Which of the following explains the term economic development? a. Improvement in the technology involved b. Improvement in production c. Improvement in distribution system d. All the above

Description : Which of the following explains the term economic development? a. Improvement in the technology involved b. Improvement in production c. Improvement in distribution system d. All the above

Last Answer : d. All the above Economic development is a wider concept than growth. There are various parameters used to define and measure it.

Which of the following explains the term economic development? A. Improvement in the technology involved B. Improvement in production C. Improvement in distribution system D. All the above

Description : Which of the following explains the term economic development? A. Improvement in the technology involved B. Improvement in production C. Improvement in distribution system D. All the above

Last Answer : D. All the above

Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Description : Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Last Answer : (1) unit cost of production Explanation: In microeconomics, economies of scale are the cost advantages that an enterprise obtains due to expansion. "Economies of scale" is a long run concept and refers ... in unit cost as the size of a facility and the usage levels of other inputs increase.

Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Description : Economies of Scale means reduction in (1) unit cost of production (2) unit cost of distribution (3) total cost of production (4) total cost of distribution

Last Answer : unit cost of production 

Economic efficiency means (a) Production of goods of mass consumption at lower cost; (b) Production of goods and services for those who have purchasing power; (c) Getting greatest satisfaction from available resources ; (d) Full employment of working force

Description : Economic efficiency means (a) Production of goods of mass consumption at lower cost; (b) Production of goods and services for those who have purchasing power; (c) Getting greatest satisfaction from available resources ; (d) Full employment of working force

Last Answer : (c) Getting greatest satisfaction from available resources 

A Free Trade Zone is an area 1. where goods are traded free of cost 2. where goods are traded through barter 3. where there are no customs duties 4. where government controls production and distribution 5. None of these

Description : A Free Trade Zone is an area 1. where goods are traded free of cost 2. where goods are traded through barter 3. where there are no customs duties 4. where government controls production and distribution 5. None of these

Last Answer : where there are no customs duties

A monopoly based on sole state ownership of production and distribution network is known as (a) Natural monopoly ; (b) Technological monopoly ; (c) Government monopoly; (d) Geographical monopoly

Description : A monopoly based on sole state ownership of production and distribution network is known as (a) Natural monopoly ; (b) Technological monopoly ; (c) Government monopoly; (d) Geographical monopoly

Last Answer : (c) Government monopoly;

In franchising, which of the following is NOT a benefit that the franchiser gains? A)The franchiser can gain rapid product distribution. B)The franchiser can acquire capital more quickly for expanding production and for advertising. C)The franchiser gains a greater amount of control over how the franchisees operate the establishments. D)The franchiser benefits from the fact that franchisees tend to be highly motivated to succeed, which in turn leads to higher sales and higher royalties.

Description : In franchising, which of the following is NOT a benefit that the franchiser gains? A)The franchiser can gain rapid product distribution. B)The franchiser can acquire capital more quickly for expanding ... to be highly motivated to succeed, which in turn leads to higher sales and higher royalties.

Last Answer : C)The franchiser gains a greater amount of control over how the franchisees operate the establishments.

What economic system has the least government control?

Description : What economic system has the least government control?

Last Answer : Need answer

A mixed economy refers to an economic system where - (1) The economy functions with foreign collaboration (2) Only t he private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

Description : A mixed economy refers to an economic system where - (1) The economy functions with foreign collaboration (2) Only t he private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

Last Answer : (3) Both the government and the private sectors operate sectors operate simultaneously Explanation: Mixed economy is an economic system in which both the state and private sector direct the ... and that the government wields indirect influence over the economy through fiscal arid monetary policies.

A mixed economy refers to an economic system where (1) The economy functions with foreign collaboration (2) Only the private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

Description : A mixed economy refers to an economic system where (1) The economy functions with foreign collaboration (2) Only the private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

Last Answer : Both the government and the private sectors operate sectors operate simultaneously

The major objective of monetary policy is to - (1) increase government's tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy

Description : The major objective of monetary policy is to - (1) increase government's tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy

Last Answer : (3) Promote economic growth with price stability Explanation: The main objective of monetary policy is to control the supply of money, often targeting an inflation rate or interest rate ... usually to contribute to lower unemployment, and to maintain predictable exchange rates with other currencies.

The major objective of monetary policy is to (1) increase government’s tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy

Description : The major objective of monetary policy is to (1) increase government’s tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy 

Last Answer : Promote economic growth with price stability

“Crowding out” means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government budget deficit raises interest rates and causes investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Description : Crowding out means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government ... spending to fall d. a government budget deficit raises American exports and lowers American imports

Last Answer : c. a government budget deficit raises interest rates and causes investment spending to fall

10. “Crowding out” means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government budget deficit raises interest rates and causes investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Description : 10. Crowding out means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a ... investment spending to fall d. a government budget deficit raises American exports and lowers American imports

Last Answer : c. a government budget deficit raises interest rates and causes investment spending to fall

What does the term free-market denote in terms of economy? a) Minimal government intervention in trade and minimum regulations b) Maximum government intervention in trade and maximum regulations c) Means of production owned by the state d) None of the above

Description : What does the term free-market denote in terms of economy? a) Minimal government intervention in trade and minimum regulations b) Maximum government intervention in trade and maximum regulations c) Means of production owned by the state d) None of the above

Last Answer : : a) Minimal government intervention in trade and minimum regulations

How do socio-economic factors determine the distribution pattern of population in India? Discuss. -Geography

Description : How do socio-economic factors determine the distribution pattern of population in India? Discuss. -Geography

Last Answer : (i) Evolution of settled agricultural development. (ii) Pattern of human settlement. (iii) Development of transport network. (iv) Industrialisation and urbanisation

Which are the various physical and economic factors responsible for the distribution pattern of the railway network in our country? Explain with examples. -SST 10th

Description : Which are the various physical and economic factors responsible for the distribution pattern of the railway network in our country? Explain with examples. -SST 10th

Last Answer : The various physical and economic factors responsible for the distribution pattern of the railway network in our country were as follows: Physiographic Factors: (i) The northern plains are vast level lands. ... . (iv) The industrial region of the country is directly linked with the railways as well

The distribution pattern of the railway network in India has been mainly influenced by physiographic and economic factors.' Support the statement with suitable examples. -SST 10th

Description : The distribution pattern of the railway network in India has been mainly influenced by physiographic and economic factors.' Support the statement with suitable examples. -SST 10th

Last Answer : The physiographic, economic and administrative factors have played an important role in the distribution of railway networks 1. The Northern Plains with vast level land, high population density and rich ... the same time has faced problems such as sinking of track in some stretches and landslides.

Analyse the physiographic and economic factors that have influenced the distribution pattern of the railway network in our country. -SST 10th

Description : Analyse the physiographic and economic factors that have influenced the distribution pattern of the railway network in our country. -SST 10th

Last Answer : The physiographic and economic factors that influenced the distribution pattern of Indian Railways: 1. Northern Plains were the most favourable because of its level land, agricultural prowess, and ... the most important economic region of Indian although some problems like sinking of track exist.

How do physical and economic factors influence the distribution pattern of Indian railway network? -SST 10th

Description : How do physical and economic factors influence the distribution pattern of Indian railway network? -SST 10th

Last Answer : The distribution pattern of the railway network in India has been greatly influenced by physical and economic factors. Level lands of the Northern Plains of India with high density of population, ... coast in spite of problems of sinking of tracks, landslides and need for construction of tunnels.

How do physical and economic factors influence the distribution pattern of the Indian railway network ? -SST 10th

Description : How do physical and economic factors influence the distribution pattern of the Indian railway network ? -SST 10th

Last Answer : The distribution pattern of the Railways network in the country has been largely influenced by physiographic and economic factors. The northern plains with their vast level land, high ... , sparse population and lack of economic opportunities have always retarded its growth and development.

Analyse the physiographic and economic factors that have influenced the distribution pattern of the railway network in our country. -SST 10th

Description : Analyse the physiographic and economic factors that have influenced the distribution pattern of the railway network in our country. -SST 10th

Last Answer : The distribution pattern of the railway network in the country has been largely influenced by physiographic and economic factors: (i) The northern plains with their vast level land, high ... has facilitated the movement of passengers and goods in this most important economic region of India.

The distribution pattern of the Railway network in the country has been largely influenced by physiographic, economic and administrative factors.' -SST 10th

Description : The distribution pattern of the Railway network in the country has been largely influenced by physiographic, economic and administrative factors.' -SST 10th

Last Answer : Examples of the distribution pattern of the railway network in the country being influenced by physiographic and economic factors are: Physiographic Factors (i) The Northern Plains with their vast ... to each other, e.g., recently railway network is enhancing along the industrial corridors

Analyse the physiographic and economic factors that have influenced the distribution pattern of the railway network in our country. -SST 10th

Description : Analyse the physiographic and economic factors that have influenced the distribution pattern of the railway network in our country. -SST 10th

Last Answer : Rail transport is the most convenient mode of transportation. Though the railway network is not evenly distributed across the country. The distribution pattern of the railway network in the ... complimentary to each other e.g. recently railways network is enhancing along the industrial corridors.

Article 14 of the Indian Constitution guarantees Indian citizens – (1) Equal protection of laws (2) Equality before law (3) Equal distribution of economic resources (4) Equality before law and equal protection of the laws

Description : Article 14 of the Indian Constitution guarantees Indian citizens – (1) Equal protection of laws (2) Equality before law (3) Equal distribution of economic resources (4) Equality before law and equal protection of the laws

Last Answer : (4) Equality before law and equal protection of the laws Explanation: Article 14 of the constitution guarantees that all citizens shall be equally protected by the laws of the country. It means that the State ... on the basis of their caste, creed, colour, sex, gender, religion or place of birth.

Sectoral distribution of GDP index measures ______. (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Description : Sectoral distribution of GDP index measures ______. (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Last Answer : (2) Economic development of a country Explanation: The sectoral distribution of GDP index measures the development of a country across several economic activities. It the market value of all final goods and services produced in a period (quarterly or yearly).

Which one of the following statements relating to the differences between industrial and consumer marketing is FALSE? A)Distribution channels tend to be shorter for industrial products than for many consumer products B)The emphasis placed on the various promotion mix ingredients are often different for industrial and consumer products. C)The number of legal and economic constraints placed on pricing is roughly the same for industrial and consumer products.

Description : Which one of the following statements relating to the differences between industrial and consumer marketing is FALSE? A)Distribution channels tend to be shorter for industrial products than for ... and economic constraints placed on pricing is roughly the same for industrial and consumer products

Last Answer : C)The number of legal and economic constraints placed on pricing is roughly the same for industrial and consumer products

Sectoral distribution of GDP index measures_________ (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Description : Sectoral distribution of GDP index measures_________ (1) Agriculture development of a country (2) Economic development of a country (3) Social development of a country (4) Socio-Economic development of a Country

Last Answer :  Economic development of a country

Who believed that workers should own and control the means of production.?

Description : Who believed that workers should own and control the means of production.?

Last Answer : The act or process or producing, bringing forth, or exhibiting to view; as, the production of commodities, of a witness.,That which is produced, yielded, or made, whether naturally, or ... productions of handicraft; the productions of intellect or genius.,The act of lengthening out or prolonging.

Who believed that workers should own and control the means of production.?

Description : Who believed that workers should own and control the means of production.?

Last Answer : The act or process or producing, bringing forth, or exhibiting to view; as, the production of commodities, of a witness.,That which is produced, yielded, or made, whether naturally, or ... productions of handicraft; the productions of intellect or genius.,The act of lengthening out or prolonging.

What is "strategic control"? a) Control over the production process within an organization, in the sense of determining how the employees of an organization perform their work. b) The process by which one entity influences, to varying degrees, the behaviour and output of another entity through informal mechanisms. c) Control over the means and methods on which the whole conduct of an organization depends. d) Control over the production process within an organization, in the sense of determining how informal practices are performed.

Description : What is "strategic control"? a) Control over the production process within an organization, in the sense of determining how the employees of an organization perform their work. b) The ... production process within an organization, in the sense of determining how informal practices are performed.

Last Answer : Control over the means and methods on which the whole conduct of an organization depends.

Which of the following is/are true concerning electric power operated watertight door systems? A. Each motor driven door must use the main bus as its source of power. B. Each distribution panel for the system must be on the lowest level where berthing quarters are located. C. Distribution panels must not be provided with a means of locking in order to permit quick activation of the system. D. Each system must have a separate branch circuit.

Description : Which of the following is/are true concerning electric power operated watertight door systems? A. Each motor driven door must use the main bus as its source of power. B. Each distribution panel for ... to permit quick activation of the system. D. Each system must have a separate branch circuit.

Last Answer : Answer: D

Air-tech management learns that last month's production run of heaters is defective and announces a recall of the specific models produced. To handle the large number of products it expects to receive for replacement, Air -tech will probably need to add a __________ to its distribution network. A)distribution centre B)private warehouse C)dispatching shipment system D)public warehouse E)materials handling system

Description : Air-tech management learns that last month's production run of heaters is defective and announces a recall of the specific models produced. To handle the large number of products ... distribution centre B)private warehouse C)dispatching shipment system D)public warehouse E)materials handling system

Last Answer : D)public warehouse

In addition to three Central problem of economy, the additional problem(s) raised by the Modern economists is / are (a) Are the resources fully utilized or not ; (b) How efficient is the production and distribution system; (c) Whether the capacity to produce or grow is increasing or is static ; (d) All the three

Description : In addition to three Central problem of economy, the additional problem(s) raised by the Modern economists is / are (a) Are the resources fully utilized or not ; (b) How efficient is the production and ... (c) Whether the capacity to produce or grow is increasing or is static ; (d) All the three

Last Answer : (d) All the three

Empowerment of woman, in its simplest form, means the redistribution of power that challenges a. Patriarchal ideology. b. Culture. c. Economic system. d. None of the above.

Description : Empowerment of woman, in its simplest form, means the redistribution of power that challenges a. Patriarchal ideology. b. Culture. c. Economic system. d. None of the above.

Last Answer : a. Patriarchal ideology.

Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Description : Consumer's sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer's expenditures influence the allocation of resources. (4) consumer goods are free from government control,

Last Answer : (1) consumers are free to spend their income as they like. Explanation: Consumer sovereignty means that buyers ultimately determine which goods and services remain in production. In unrestricted markets, ... to motivate producers. So ultimately it means how the consumers want to spend their incomes.

Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Description : Consumer’s sovereignty means: (1) consumers are free to spend their income as they like. (2) consumers have the power to manage the economy. (3) consumer’s expenditures influence the alloca tion of resources. (4) consumer goods are free from government control.

Last Answer :  consumers are free to spend their income as they like.

What economic system emphasizes the private ownership of most factors of production?

Description : What economic system emphasizes the private ownership of most factors of production?

Last Answer : Need answer

The economic system in which business units or factors of production are privately owned and governed is called as______. A. capitalism. B. socialism. C. democratic. D. republic.

Description : The economic system in which business units or factors of production are privately owned and governed is called as______. A. capitalism. B. socialism. C. democratic. D. republic.

Last Answer : A. capitalism.

_______ takes place when at least one party to a potential exchange thinks about the means of achieving desired responses from other parties. A. Marketing management B. Forecasting C. Segmentation D. Targeting E. Distribution

Description : _______ takes place when at least one party to a potential exchange thinks about the means of achieving desired responses from other parties. A. Marketing management B. Forecasting C. Segmentation D. Targeting E. Distribution

Last Answer : A. Marketing management

What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Description : What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Last Answer : Economic analysis is need for analyzing the production,distribution and consumption of goods. This allows a group orbusiness understand what goods are the most needed and sell thebest.

What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Description : What is the Most important tool for the analyzing the production distribution and consumption of goods and services?

Last Answer : Economic analysis is need for analyzing the production,distribution and consumption of goods. This allows a group orbusiness understand what goods are the most needed and sell thebest.

The basic problem studied in Macro - Economics is - (1) production of income (2) usage of income (3) flow of income (4) distribution of income

Description : The basic problem studied in Macro - Economics is - (1) production of income (2) usage of income (3) flow of income (4) distribution of income

Last Answer : (1) production of income Explanation: Macroeconomics involves the sum total of economic activity, dealing with the issues such as production of national income, growth, inflation, and unemployment. It is all about is about maximizing national income and growth.

In 4 P model for marketing, the place relates to which aspect ? 1. Distribution 2. Production 3. Transportation 4. both 1 & 3 5. both 2 & 3

Description : In 4 P model for marketing, the place relates to which aspect ? 1. Distribution 2. Production 3. Transportation 4. both 1 & 3 5. both 2 & 3

Last Answer : both 1 & 3

A company wanting to maintain market share during the maturity stage requires moderate and some times large 1. advertising expenditures 2. distribution expenditures 3. production expenditures 4. price increases 5. packaging modifications

Description : A company wanting to maintain market share during the maturity stage requires moderate and some times large 1. advertising expenditures 2. distribution expenditures 3. production expenditures 4. price increases 5. packaging modifications

Last Answer : advertising expenditures

Which of the following relationship is not correct is case of a chemical process plant? (A) Manufacturing cost = direct product cost + fixed charges + plant overhead costs (B) General expenses = administrative expenses + distribution & marketing expenses (C) Total product cost = manufacturing cost + general expenses (D) Total product cost = direct production cost + plant overhead cost

Description : Which of the following relationship is not correct is case of a chemical process plant? (A) Manufacturing cost = direct product cost + fixed charges + plant overhead costs (B) General ... manufacturing cost + general expenses (D) Total product cost = direct production cost + plant overhead cost

Last Answer : (D) Total product cost = direct production cost + plant overhead cost