What is communist command economic system?.

Answers

Answer 1

The communist command economy, also kno-wn as a planned econ-omy, requires that a nation's central govern-ment own and control the me-ans of production. Private owner-ship of land and capital is non-existent or severely limit-ed.

In a command economy, it is the govern-ment that decides what to pro-duce, how to produce go-ods and how to distribute goods and ser-vices within the eco-nomy. Today, the existing communist states in the wor-ld are in China, Cuba, Laos, and Vietnam. These commu-nist states often do not claim to have achie-ved socialism or communism in their count-ries but to be build-ing and working toward the establish-ment of social-ism in their countries.

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Related Questions

this time period was characterized by the automation of routine tasks like processing payroll, welding car parts together, or sending invoices to customers.

Answers

The period described is characterized by the robotization of routine tasks in the plant. This trend towards robotization has been driven by the desire of associations to ameliorate effectiveness and reduce costs.

By automating tasks similar as recycling payroll, welding auto corridor together, and transferring checks to guests, associations have been suitable to significantly increase productivity and reduce the need for homemade labor in these areas. The trend towards robotization is likely to continue as technology continues to advance and associations seek to stay competitive in a fleetly changing business.

The robotization of routine tasks has led to both benefits and challenges for associations, including bettered effectiveness , but also the need for workers to acquire new skills and acclimatize to new ways of working.

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How does the unemployment rate affect the economy?.

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Answer: look below

Explanation: So, think about it. It's kind of like a domino effect. So, if people cannot work, it may lead to them spending less, (or higher prices)  which leads to debt, which leads the government to have to pay more money for things like food stamps. Of course, there are many other ways that unemployment can affect the economy, but this is one of the most common effects of the economy. I hope this helped!

A customer uses a store credit card to purchase a boat for $10,500. the store credit card offers an annual interest rate, compounded continuously, of 18.99% with no payments due for the first two years. if no payments are made for the two years, what will be the balance on the card, rounded to the nearest penny?

Answers

$15350.92 is  the balance on the card, rounded to the nearest penny .

Continuously adding interest to the principle amount This interest rate gives a time period exponential development.

continuous compound interest rate formula;

P0 is the principal amount, r is the interest rate, and t is the time period, so P(t) = [tex]P_{0}[/tex] [tex]e^{rt}[/tex] .

Given:            

A consumer spends $10,500 on a boat using a shop credit card.

The store credit card offers a continuous annual interest rate of 18.99% with no payment requirements for the first two years.

That implies,

[tex]P_{0}[/tex] equals $10,500, r is 18.99, and t is 2.

So,

P(t) = P₀[tex]e^{rt}[/tex]

By changing the values,

P(t) = (10500) [tex]e^{(0.1988)(2)}[/tex]

P(t) = (10500)(1.46199)

P(t) = 15350.917

P(t) = $15350.92

As a result, the total is $15350.92.

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Elements of product strategy can include all of the following except _______.

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Elements of product strategy can include all of the following except where the product is sold. option d.

Creating a successful product strategy is essential to ensuring a successful product launch and long-term success.

Elements of product strategy can include product positioning and messaging, pricing, promotion and advertising, product packaging, and product development.

However, product strategy does not include where the product is sold. It is important to develop a comprehensive product strategy that covers each of the essential elements to ensure your product is successful in the market.

Product strategy does not concern where the product is sold - this should instead be determined by the marketing strategy. Hence, option d is correct.

Although a part of your question is missing, you might be referring to this question:

Elements of product strategy can include all of the following except _______.

a. the physical good

b. an intangible idea

c. package design

d. where the product is sold

it is the function of the ______ to take the strategic plan and develop actionable short-term goals that a business can achieve.

Answers

It is the function of the operating plan to take the strategic plan and develop actionable short-term goals that a business can achieve.

Operational plans are not just for huge endeavors — independent ventures and people also can profit from functional preparation. As indicated by College Lab Accomplices, an absence of arranging is one of the top reasons that new businesses fall flat. Likewise, an overview by Gallup found that main about portion of representatives realize what is generally anticipated from them at work. Without a hearty functional arrangement set up, associations are gambling losing their best specialists and their business achievement. A functional arrangement frames the critical targets and objectives of an association and how to contact them.

A very much created record guarantees colleagues know their obligations and have a reasonable comprehension of what should be finished.

Creating a functional arrangement keeps groups on target while directing them in settling on significant conclusions about the organization's drawn out system.

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Complete Question -
It is the function of the _____ to take the strategic plan and develop actionable short-term goals that a business can achieve.

A. tactical plan

B. mission statement

C. vision statement

D. operating plan

How did bank failures contribute to the depression ?

Answers

During the Great Depression, bank failures were a major contributor to the overall economic decline.

As banks failed and people lost their savings, it created a ripple effect that had a devastating impact on the economy. Banks that failed were unable to lend money to businesses, leading to a decrease in production and an increase in unemployment.

Furthermore, people had less money to spend, resulting in a decrease in demand for goods and services, leading to further economic contraction. Bank failures were a major factor in the economic downturn of the 1930s, and their effects were felt throughout the nation.

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Wfdd, inc. Purchased $270,000 in supplies during the year. The supplies account increased by $10,000 during the year to an ending balance of $66,000. For what amount was the adjusting entry to supplies expense?.

Answers

For $260,000 the adjusting entry to supplies expense.

Calculation of supplies expense for Wfdd, inc.  during the year:

The Supplies Expense for the year can be calculated using the following formula:

Supplies Expense for the year = Supplies Beginning Balance + Supplies added or purchased during the year – Supplies Ending balance

= 56000 + 270000 -66000

= $260,000

(Note: It is given that the supplies account increased by $10,000 during the year to an ending balance of $66,000 that means the Supplies Beginning Balance was 66000-10000 = $56,000)

Hence, the supplies expense for Wfdd, inc. during the year is $260,000.

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What type of analysis the concept of opportunity cost can be applied to?.

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The type of analysis of the concept of opportunity cost can be applied to Marginal Analysis to determining the business's capital structure.

The Marginal Analysis is the analysis or observation of the additional benefits of an activity compared to the additional costs incurred by that same activity. This concept can be applied of opportunity cost.

The Marginal analysis is calculated by the new total benefits minus old total benefit is divided by the new upon old quantity. The initial stage or first step in Marginal Analysis is to find the initial total cost for the manufacturing or producing the products.

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According to O*NET, what are common work activities performed by Nursery and Greenhouse Managers? Check all that apply.

making decisions and solving problems
dealing with hazardous materials
interacting with animals
communicating with supervisors or peers
monitoring and controlling resources
climbing ladders, scaffolds, or poles

Answers

According to O*NET, common work activities performed by Nursery and Greenhouse Managers are

making decisions and solving problemsdealing with hazardous materialscommunicating with supervisors or peers

What is a manager?

A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.

The Nursery and Greenhouse Managers were responsible to focus on the rising problem and resolving them by communicating with peers and subordinates which helps them to understand the root cause.

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What happens to unemployment during a recession?.

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Answer:

With lower demand for goods and services, firms start laying off workers and at the same time refrain from raising prices. So unemployment rises and inflation falls during recessions.

Government involvement in a modern economy is generally defended because. the marketplace always meets the needs and wants of society's members.

Answers

Government involvement in a modern economy is generally defended because governments are more able than firms to meet some needs and wants of society

All modern economies, whether communist or entrepreneur, arranged or un­planned, have a few normal exceptional highlights.

We observe that there is minute division of work and specialization so there is co-activity and inter­dependence among a large group of makers and buyers in light of a perpetual chain of trades.

The town independence and separation, which character­ised crude economies, have vanished. Also, there is broad utilization of plant and hardware and present day gear. Thusly, the arrangement of creation, rather than being straightforward and direct, has become circuitous and indirect. It is a constant and round process like the 'egg-chicken-egg' succession. A huge extent of the com­munity's assets are redirected from current utilization to the creation of devices, hardware and gear. There is capital development for a huge scope making arrangement for what's to come.

One more notable element of a cutting edge economy is the broad utilization of cash. Deal, exchanges (i.e., purchasing great with merchandise) are rare. Cash is an exceptionally helpful mode of trade, and as such it works with the working of the monetary framework. Division of work would be incomprehensible without cash being accessible to work with trades. In any case, the utilization of cash additionally breeds blasts and sorrows. Consequently, while the utilization of cash is an incredible gift, it can likewise be a revile, in the event that its worth doesn't stay stable.

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Which of the following is not a feature of free enterprise?
Right to private property
Restriction on consumer's right to choose
Profit motive
Freedom of enterprise

Answers

b) Restriction on consumer's right to choose is not a feature of free enterprise.

Capitalism is also referred to as the free market. Consumer spending, company investments, and government purchases comprise a free enterprise economy. Consumers have a vital role in a free-market economy.

In a capitalist system, the customer's right to choose is unrestricted; in fact, the consumer has entire freedom to obtain the goods or service of his choosing.

The word "free enterprise" or "free market" refers to an economy in which the market, rather than the government, determines prices, products, and services.

Businesses and services are not subject to government regulation. Alternatively, free enterprise may refer to an ideological or legal system in which commercial operations are predominantly governed by private measures.

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Describe how the distribution of your monthly payment towards the principal and interest changes over time for a mortgage

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Over the long run, as you pay down the head, you owe less interest every month, because your credit balance is lower. In this way, a greater amount of your regularly scheduled installment goes to settle the head.

Close to the furthest limit of the credit, you owe considerably less interest, and the greater part of your installment goes to take care of the remainder of the head.

A home loan installment is ordinarily comprised of four parts: head, interest, expenses, and protection. The Chief part is the sum that squares away your exceptional credit sum. Premium is the expense of getting cash.

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Which stakeholder is responsible for assigning supervisors to approve t&a?

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Manager is the stakeholder that responsible for assigning supervisors to approve t&a. It have to be done by manager because the main role of manager is for planning and evaluating department activities.

In business organization, A manager generally can be defined as a person who manages a team of employees in an organization by structural. In the structural organization or company, managers has a function to get the work done from the employees and make sure the decorum of the organization is maintained. A better communication between employees and top structural management also can be build by a bridge that build by manager,

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companies that are financially dependent on a few large clients for its revenue compete in an industry with a ________.

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Companies that are financially dependent on a few large clients for its revenue compete in an industry with a High concentration of buyers; Low entry barriers

Companies that are financially dependent on a few large clients for its revenue compete in an industry with a high concentration of buyers. This is because the few large clients account for a majority of the company’s revenue, and the company likely does not have much control over the buyers.

Additionally, this industry usually has low entry barriers, meaning that competition is high. This leads to the company having to rely on a few large buyers to make up the majority of

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What are the 5 factors of production and their functions?.

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The five factors of production is labor, land, human capital, physical capital and entrepreneurship.

The human capital is reflected to the skills, knowledge and having experience in the particular field or expertise. The human capital can contribute their knowledge, skills and decision making skills to the growth of the organization.

The physical capital it is factor of production which can used to production goods or services. The land in the production preforms the most important part in the production.

The labor has the important function, it supplies the expertise, manpower and service needed to turn raw materials into the final goods or services.  The entrepreneurship is the activity of thinking about the ideas turn into the action which result in the products or services.

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How does cost-benefit analysis help make economic decisions?

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A cost-benefit analysis enables a person or organisation to examine a choice or proposed project without prejudice and helps in economic decisions.

An intervention's costs and benefits, both of which are stated in monetary terms, can be compared using a cost-benefit analysis. Health outcomes are a part of cost-benefit analysis (CBA) and cost-effectiveness analysis (CEA). The results of a cost-benefit analysis will display the net benefit—i.e., benefits after costs of a project choice. As an illustration, let's say that it will cost $100,000 to build a new product with estimated sales of $100,000 per unit. Consequently, 200,000 benefits were sold. Cost-benefit analysis, often known as benefit-cost analysis or CBA, is a methodical method for determining the advantages and disadvantages of potential solutions. It is used to identify solutions that offer the most effective method of attaining benefits while conserving savings in things like transactions, activities, and functional business needs.

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Which of these is an accurate statement about mixed economies today?
a. There are more mixed economies in the world than any other kind.
b. Very few economies today can be accurately described as "mixed."
c. Mixed economies exist mostly in nations with communist governments.
d. Most nations that once had a mixed economy have evolved into command economies

Answers

There are more mixed economies in the world than any other kind is an accurate statement about mixed economies today.

What are Mixed Economies?

Mixed economies are economic systems that combine aspects of both capitalism and socialism. In a mixed economy, both public and private enterprises exist and the government plays an active role in regulating the economy and providing some essential public goods and services. In addition, there is a degree of economic freedom and market forces that determine the allocation of resources. Mixed economies have a variety of benefits, such as providing economic stability, promoting economic growth, and encouraging social mobility.

What does Economic growth mean?

Economic growth is a measure of the increase in the value of the goods and services produced by an economy over time. It is typically measured as the percent increase in real gross domestic product (GDP) or per capita income. Economic growth is an important indicator of economic health, as it can be used to determine the level of productivity and living standards within an economy.

Therfore the correct option is A. There are more mixed economies in the world than any other kind.

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Match the terms to their definition.
1. financial
2. literacy
3. warranty
anything that has to do with money
and investments
a written guarantee given to the
purchaser, usually specifying that the
manufacturer will make any repairs or
replace defective parts free of charge for
a certain period of time
an individual's knowledge of a
certain area or field

Answers

Answer: 1 - a

2 - c

3 - b

Explanation:

1. Financial - anything that has to do with money

and investments

2. Literacy - an individual's knowledge of a

certain area or field

3. Warranty - a written guarantee given to the

purchaser, usually specifying that the

manufacturer will make any repairs or

replace defective parts free of charge for

a certain period of time

Investor presentations of ________ provide an opportunity for discussions to take place regarding the continuing corporate performance on ________ value creation story and a ________ value creation plan.
a) short-term plans; short term; short term
b) short-term plans; long term; long term
c) long-term plans; short term; long term
d) long-term plans; long term; long term

Answers

Investor presentations of long-term plans provide an opportunity for discussions to take place regarding the continuing corporate performance on long term value creation story and a long term value creation plan. Option d

Investor presentations of long-term plans provide a valuable opportunity for companies to discuss their future performance, as well as their long-term value creation story and plan.

By outlining a strategy that focuses on long-term value creation, businesses can ensure that their investors have a clear understanding of their vision, and the steps they are taking to reach it.

This type of discussion allows investors to gain a better understanding of the company, and have a greater trust in their long-term investments.

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What happens when the unemployment rate is higher than the natural rate?.

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Answer:

When the unemployment rate exceeds the natural rate of unemployment, referred to as a positive unemployment gap, inflation is expected to decelerate.

What are the 5 big questions of economics?.

Answers

Explanation:

1. What is the source of between firm inequality? Song, Price, Guvenen and Bloom have shown that between firm inequality is a bigger deal than within firm inequality. But why is this the case? Sorkin suggests compensation differentials are part of the issue, but is “the lowest paying firms have become nicer places to work at, therefore they pay less” a very convincing explanation for what we’ve seen in the economy over the last few decades? I would say the extent and causes of between firm inequality is still very much an open debate, one that may turn out to be related to weaker business and labor market dynamism.

2. What does a full-employment U.S. economy look like and how far from it are we? To oversimplify things, I think we have in the neighborhood of about 1 million more potential workers who should be counted as labor market slack, and about 6 months to 1 year of recovery left. But there’s a ton of uncertainty here, especially because the trends and the cycles have been so closely intertwined post 2000. So here are the list of variables that I think there is an open debate about what the full-employment equilibrium will look like: prime aged participation, the unemployment rate, the homeowership rate, the householder rate, the labor share of income, and the birth rate.

3. Why did productivity growth fall and will it bounce back? There are a lot of good arguments on all sides here, and I don’t think we will agree on the first part of the question until the second part is resolved by the passage of time. If 3 years from now productivity has not bounced back, perhaps then we will figure out why it has fallen as we can narrow the explanations to permanent drivers. Alternatively, if producitivty bounces back we may agree on the why since we will be able to focus on temporary drivers. Until then I simply don’t think this issue is resolveable.

4. What does an aging and slow growing population do to your economy? This is I think the most understudied important issue in economics today. A recent NBER paper was a good step in this direction, and their results should make us worry far more about aging than we do now. I think we will see that an aging population reduces productivity and innovation, but this very much remains an open debate, especially with respect to the mechanisms at work. One mechanism is that, as Claudia Sahm has shown, people are less willing to take risks as they age.

The effect of weak population growth on the economy is an open area of debate where I think risks and downsides are underestimated. As Karl once argued in an important but ignored piece, “growing population provides a buffer for risky capital investments”. This is not something you hear much, but has a lot of intuitive appeal to it and this area is greatly understudied.

5. What is the future of ZLB monetary policy? Even as we exit the zero lower bound it seems as though the U.S. and the rest of the developed world will be at risk of returning to the ZLB in future recessions. Inflation seems to be much harder to generate than it was in the past and the relationship between inflation and expectations seems to be breaking down, and I suspect we’ll see policymakers get desperate and try helicopter money, and Miles Kimball’s ideas. Twenty years from now, how different will “conventional” monetary policy be than it is today? Inflation may be a completely different beast in a world of late development economies with central banks that have proven they can defeat inflation.

Student at Midtown Middle School can chooe their chedule from 3 math coure, 3 cience coure, 2 ocial tudie coure, and 2 art coure. Determine the number of poible chedule that include one coure in each ubject area

Answers

The possible choices for students at Midtown Middle School are 36.

Number of math courses = 3

Number of science courses = 3

Number of social studies courses = 2

Number of art courses = 2

The combination formula can be used to calculate the number of ways to choose items from a group of items. It is used to calculate the number of potential schedules that include one course in each subject area.

Combination formula - C(n,r) = n! / (r! x (n-r)!)

where r is the number of items to be chosen, and n is the total number of items.

Since, one course from each category is to be included,

Therefore, the combinations as per the courses will be -

C (3,1) x C (3,1) x C (2,1) x C (2,1)

= 3 x 3 x 2 x 2

= 36

Complete Question:

Students at Midtown Middle School can choose their schedule from 3 math courses, 3 science courses, 2 social studies courses, and 2 art courses. Determine the number of possible schedules that include one course in each subject area.

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are costs that remain the same no matter how much of the product or service you provide.

Answers

Fixed costs are costs that remain the same no matter how much of the product or service you provide.

Fixed costs are the expenses that don't change regardless of how much of a good or service a business typically offers. Rent, salary, and insurance are examples of costs that are borne independently of the volume of output or sales. They are sometimes referred to as overhead expenses.

Variable expenses, such as direct materials or direct labor, which fluctuate according to the volume of production or sales, are contrasted with fixed costs. The variable costs rise along with the level of output or sales, whereas the fixed costs stay the same. These costs are unaffected by variations in output and are constant regardless of the volume of production or sales.

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compared to north american ranchers, commercial ranchers in the pampas of argentina, uruguay, and southern brazil are more likely to

Answers

Compared to north American ranchers, commercial ranchers in the pampas of Argentina, Uruguay, and southern brazil are more likely to raise livestock primarily for export.

The commercial ranchers of Argentina mostly raise livestock in which they could export them to other countries in contrasts to the ranchers from the North America. In addition, it has been one of the primary industries of Argentina and one of its well known goods from these ranches is the corned beef. Abundant water is essential for lowland rice production in Argentina. Shifting cultivation and nomadic herding are two agricultural types that occupies largest percentage of the Argentina's total land area.

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what are common work contexts for Nursery and Greenhouse Managers? Check all that apply.

exposed to disease or infections
exposed to high places
outdoors, exposed to weather
freedom to make decisions
responsible for others’ health and safety
deal with physically aggressive people

Answers

The common work contexts for Nursery and Greenhouse Managers are

exposed to disease or infectionsoutdoors, exposed to weatherresponsible for others’ health and safety

What is a manager?

A manager is a person who oversees a task and helps to allocate resources, track progress reports, and complete projects on schedule in order to accomplish the organization's objectives and vision.

The Nursery and Greenhouse Managers were tasked with concentrating on the increasing issues and finding solutions that lead them to outdoor exposure to weather which might cause infection or diseases as they are responsible for the health and saftey of people.

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is an extra percentage a lender charges you on an amount you borrow from the lender.

Answers

Interest is an extra percentage a lender charges you on an amount you borrow from the lender.

Interest is one of the things you will need to consider when making the decision. It is an extra percentage that the lender charges you in addition to the amount you borrow.

Knowing the interest rate on a loan can help you determine how much your loan will cost you in the long run.

The interest rate charged on loans and other forms of credit can have a significant impact on a business’s bottom line. Business owners should be aware of current interest rates and understand how to use them to their advantage.

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Is I Bond a good investment?.

Answers

Yes, I Bond is a good investment. The I Bond is a good investment for those individual who wants their money safe and can't lose its value.

The I Bond is a retail inflation-indexed bond which is issued by the Hong Kong Government. I Bonds savings are conservative, safe investment that rise and fall with the respect of inflation.

The I Bond protect you from the inflation with an I Bond you can earn both a fixed rate of interest and a rate that changes with inflation. In the I Bond, no lose of money in which the interest rate can not go below zero and the redemption value of your bonds can not decline.

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please
List various creative thinking activities for idea generation?

Answers

Answer: Look below

Explanation:

Reverse brainstorming

Brainwriting

Brain netting

Forced relationships

Role-storming

Storyboarding

Five whys

Six thinking hats

I hope this helped!

How do advertisements influence consumers?.

Answers

Advertisements works by creating a pat-tern of associations that elicit an emo-tional connect-ion or response in the intend-ed audience, ultimately influe-ncing the consumer's pur-chasing decisions, often in an uncon-scious way.

Advertisements Influences Consumer Beha-vior - At its core, the influ-ence of advert-ising in every-day life is the po-wer to alter what con-sumers think and feel. A success-ful ad culti-vates desire within the view-er and makes her want to buy a pro-duct while minimizing any do-ubts she has ab-out the product.

Advertising can incr-ease sales by tell-ing potential and current cust-omers about your new product laun-ches, special offers and improve-ments.

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Find the x-intercepts of the polynomial function. State whether the graph crosses the x-axis, or touches the x-axis and turns around, at each interceptf(x) = (x + 1)(x - 5)(x - 1)^2 All of the following are differences between activity-based costing (ABC) and traditional absorption costing except ________.A. ABC may assign nonmanufacturing costs to productsB. ABC allocates all manufacturing costs to productsC. ABC uses many cost poolsD. ABC may exclude some manufacturing costs, such as organization-sustaining costs please write a program which asks the user for a positive integer number. the program then prints out a list of multiplication operations until both operands reach the number given by the user. see the examples below for details: Solve the system by using elementary row operations on the equations or on the augmented matrix. Follow the systemic elimination procedure.x1+5x2=72x17x2=5 Where are ADA enzymes?. Which of the following statements can correctly be made about the use of chemicals in theRestaurant? (Select all that apply.)A. Store chemicals in separate areas from foodB. Never hang chemicals above foodC. Measure proper concentrations of chernicalsD. Label chemicals clearly What is the literal and figurative meaning of reach for the stars?. Journalize any necessary entries for Lays Company based on the bank reconciliation. If an amount box does not require an entry, leave it blank.Miscellaneous Expense Cash Cash Notes ReceivableInterest Revenue Due to extensivepassport.O coalitionO bolsterOassiduousbureaucraticred tape, it will take months to receive my* essay for Hammurabi's Code: Was It Just? What are the 3 parts of an effective thesis statement?. What form of government is ruled by one person who is not restricted by law or a constitution?. a) What is the difference between a minimum wage and a living wage?b) Is it fair to working people to set a minimum wage that is not a living wage?Is it fair to employers? Explain your answers. how many total atoms of each element are present in the following formulas?3 CaClTap in the fields to enter the answers directly ORtap on the Number Pad icon to use our built-in Number Pad. For each of the formulas, classify the formula as either an empirical formula, a molecular formula, or both. Nahco3 c2h6. murali hates cats. he notices every time he sees a cat engaging in a disruptive behavior. he doesn't notice when cats are not causing any problems. this reinforces his hatred of cats. which of the following is most clearly contributing to murali's hatred of cats? Write a short paragragh how can the family, church, and civil government work together to serve people?PLS HELP ME!! IM GIVING 100 POINTS TO ANYONE WHO ANSWERS!!!!!!!!! When users enter data into the database, they find they have to enter a value for every column, as the database won't allow them to continue otherwise. What type of value has been disallowed for this database?A. DuplicateB. Tab KeyC. 0D. NULL essay about bed making what should you do if all of the solvent evaporates while you are cooling your recrystallization beaker?