How do the various economic systems of capitalism, socialism, and communism create economic imbalances between nations?

Answers

Answer 1

The different economic systems around the world are making for a colorful picture when it comes to the economic development and economic power of the nations. The capitalism seems to be the system that works the best when it comes to economic progress, as this system enables the private sector to develop and produce freely, while the consumers are the ones that determine the demand. Also this system is open to the world for trade. The socialism seems to be doing relatively well in modern times, though it is a system that restricts the trade and usage of the most important natural resources. This makes the economy stable, but it doesn't progress as quickly as the capitalism. The communism tends to be the one that is the most restrictive and damaging form what has been seen by now. The economy is closed, everything is produced and consumed by projections made from the government. This leads to stagnation, and often big problems because of bad estimates, thus this type of economy is often on the verge of bankruptcy.


Related Questions

Q; A short block includes all of the following except

A:cylinder heads.

Answers

Answer:

Hi The answer is cylinder heads.

Explanation:

A short block is defined as an engine assembly that includes the engine block, camshaft, timing set, pistons, rods, and crankshaft installed. So as stated in the answer, a short block does not include cylinder heads.

Answer:

the correct answer is A

Explanation:

How were Savannah and Brunswick economically impacted by WWII?

Answers

These two ports were where they inported and expoted goods in Georgia. During WWII they also built Liberty ships for the war and this provided lots of jobs for people, which was needed in Georgia since many people were unemployed.

Explain the economic benefits of the Erie Canal

Answers

The Erie Canal provided an economic foundation for New Your City to be built and rise. It connected the Hudson River to Lake Erie. It eventually became obsolete due to things like trains.

Which is not a property of magnets?

Answers

Are there any answer choices?

How can a production schedule help a business owner?

Answers

It helps a business owner because it help the flow of the company

I need help now!!! Answers need to be right.
An American factory needs to buy special tools which are made only by companies in either Switzerland or Britain. The tools made in Switzerland cost 100 francs apiece; the ones made in Britain cost 100 pounds each. Based on the exchange rates below, what should the factory do? U.S. Dollar Comparison $1.00 U.S. = 0.80 Swiss Francs $1.00 U.S. = 0.67 Pounds Buy the tools from Britain Make the tools themselves Wait until the exchange rate gets better Buy the tools from Switzerland

Answers

The answer would be Buy the tools from Switzerland

Cuba and Canada should be it

Discuss variations in food production relative to region. Explain why some regions likely produce more of a certain grains and cite specific examples.

Answers

The grain production heavily depends on how big of a consumer of grains a country is, and how large the population is, as well as the demographic trends in the country or region.

In this image, we can see that the USA and China has been experiencing very big growth in the production of grains for a long period, with the increase declining in more recent times, though it is still the largest increase. The reason for this is that both countries had large and quick growing population, also being large consumers of the grains as large portion of the daily food is based around them. As the growth of the populations started to decrease, there's also a decline in the increase of the grain production.

Europe doesn't have very large population as a continent, and it has also kept the number of the population relatively stable. After having initial growth, its population has been stagnating and even declining, which has resulted in an initial slight increase of the grain production, and than a decline in it. Also, it is not the whole continent where the grains form the main dishes of the daily consumption of food, thus the production has not been so big.

Africa has had a very low, insignificant growth in the grain production. Despite the continent having an ever growing population, as well as suffering from malnutrition, the way of the agriculture practices are still primitive, and the production has remained low.

Food production varies regionally because of diverse geographic and climatic conditions which lead to specialization in certain crops, such as grain farming in North America's Midwest and Mediterranean agriculture in warmer climates. Economic factors also play a role, with regions specializing in what they can produce most efficiently to meet global demands.

Food production varies by region due to factors such as geography, climate, and economic specialization. For instance, the vast grain-producing areas in North America, specifically from Saskatchewan to Kansas, are prime examples of regional specialization in grain farming due to the favorable flat terrain and climate suitable for such crops. Conversely, warmer climates are better-suited for the production of fruits, coffee beans, and olives, which is why areas like the Mediterranean excel in these areas.

Region-specific production practices ensure efficiency and economic viability. For instance, mixed crop and livestock farming, dairy farming, livestock ranching, commercial gardening and fruit farming, and Mediterranean agriculture are differentiated by climate regions, illustrating the adaptation to local conditions to optimize food production. This is why grain production is so high in some parts of the world, such as Canada, the US, and Ukraine, where the large, flat areas of land are conducive to extensive cereal farming, making their economy highly efficient in this area.

A look at statistics can point to shifts in production based on economic needs. In the upper Midwest of the United States, often referred to as "King Wheat", farmers may adjust their crop choices in response to market demands, such as changing acreage from wheat to corn if prices dictate, reflecting the dynamic nature of agricultural systems over time.

PLEEEEAAASE HELP 99 PONTS!!!!!!!! The North China Plain was built up of soil and deposits. Please select the best answer from the choices provided T F

Answers

it is true :) the soil and deposit does come from the river of Huang He, or the Yellow River

Answer:

it is true

Explanation:

Lulu Belle Madison White was an influential Texan who spent her life fighting for the rights of which underprivileged group?
A) women
B) Hispanic Texans
C) African Americans
D) Eastern European immigrants

Answers

C. African Americans

Ps just in case u ever need it, I found out about her on the Texas State Historical Association website (TSHA)

Answer: C

Explanation:

Which of the following best summarized the united states goal in the war of 1812?
A)Taking Britain’s North American land holdings by force
B)Forcing the British to trade only with the United States
C)Making Britain cease hostilities against the United States

Answers

The answer would be C

These three federal government offices are all part of

Answers

need answers buddy from another mothie

Federal government has three parts. Executive. Legislative. Judicial.

Executives are the persons who served in the executive branch like President and other cabinet officers.

The Legislative is another part of government who makes laws. One part is called Senate and the other is National Assembly.

The Judicial part of government includes the Supreme Court. Who interpret the laws according to the constitution of the country.

Which term describes any push or pull that occurs when magnetic poles interact?

Answers

Magnetic Force? I think aha. Almost positive.

how did the erie canal impact westward expansion?

Answers

The Erie Canal made westward expansion possible by connecting the Hudson River to Great Lakes. This connection made it easier to move goods west.

Which statement best describes the lesson we can learn from Lupe's experience?
a.It’s too much work to open a checking account.
b.It’s only important to track large amounts in personal records.
c. It’s important to keep accurate records.
d.It’s best to use only one document to track spending.


ANSWER IT'S C!

Answers

The answer is: c. It’s important to keep accurate records.

In cases when the people from authority need to conduct an audit to our financial information, they will crosschecks the accounting records that we have with the actual proof of the transaction (slips, bank statement, cheques, etc). If, there are some inaccuracies in the records, they could use it as a proof to indict us for financial frauds even if it's a honest mistake on our part.

Answer:

C. It’s important to keep accurate records.

Which benefit is the result of competition?
a. Increased efficiency
b. incentive to work harder
c. development of new markets
d. control of the business cycle

Answers

The benefit of the result of competition is increased efficiency.

A: Increased efficiency can be defined as the ability to do something on time i.e without wasting time. Efficiency can be increased by companies when they give duties to qualified employees who will do their job well. This can also be achieved by recognizing  workers for a job well done. This will make them feel good and encourage them to continue to increase their productivity.

Answer:

The benefit of the competition is C

the development of new markets

Explanation:

If there is competition in any type of market (more offer of the product or service) the result is the improvement of the product, the development of new ways of having customers to differentiate themselves from the competition

The Battle of the Bulge _____.

Answers

Was significant because it marked the Last German offensive.

You can measure an items utility by seeing how much

A. a consumer pay for it

B. satisfaction a costumer gets from it

C. demand changes with income

D. is produced

Answers

The answer is A how ever much a customer is willing to pay will determine its utility

Utility measures the satisfaction or usefulness an item provides to a consumer, making option B (satisfaction a customer gets from it) the correct answer. Utility is key in understanding consumer choices, emphasizing the law of diminishing marginal utility.

The question asks, “You can measure an item's utility by seeing how much satisfaction a customer gets from it.” This is true, as utility is an economic measure of the usefulness or satisfaction obtained from consuming goods and services. According to economic theory, utility is subjective and varies from one individual to another, depending on each person's preferences and needs. For instance, the law of diminishing marginal utility suggests that as a person consumes more of a good, the additional satisfaction received from each additional unit declines. This helps explain why consumers make the choices they do, seeking to maximize the satisfaction or utility they receive.

Thus, the correct answer is B. satisfaction a customer gets from it.

Which committee sends political leaders to certain states to campaign for their party's candidate?
campaign
national
election
bipartisan

Answers

The correct answer is: National committee.

The national committee is in a political party responsible, through its members, to represent the political party in the various geographical areas of the country, among its main tasks is the supervision of national conventions and campaign planning.

I hope this answer can help you.

Answer:

I think it is the national committee

Explanation:

Rocks containing _____ have magnetic properties

Answers

Rocks containing magnetite have magnetic properties

which statement best decribes the us governments role with the banking industry at the beginning of the depression?​

Answers

Please show the statements :)

Answer:

The government had little involvement with the monitoring the health of banks.

Explanation:

Wrong inferences often occur when people have_________________ information..

Answers

Wrong inferences often occur when people have WRONG information.

your answer is wrong

A successful entrepreneur must have a marketable idea, potential investors, technical know how and

A. government aid

B. good partners

C. financial resources

D. natural resources

Answers

C.Financial resources

C. Because he would have to own D. To get them. He would need C to get good partners, and government aid is not a good moral option.

Which quote BEST represents why a personal budget is important? A) "Let justice be done though the heavens may fall." John Adams B) "What we obtain too cheap, we esteem too lightly" Thomas Paine C) "Beware of little expenses. A small leak will sink a great ship." Benjamin Franklin D) "Is life so dear or peace so sweet as to be purchased at the price of chains?" Patrick Henry

Answers

The quote that highlight best the importance of having a personal budget is C) "Beware of little expenses. A small leak will sink a great ship." Benjamin Franklin. B. Franklin believed in frugality and moderation were desirable virtues and as father of the nation tried to share his principles with the nascent nation; in simple words (and as specialist refer) a common error of the people regarding finances is to overlook small expenses, accumulating several small debts that eventually grow leading to bankruptcy. The quotes of Adams and Henry relate more to justice and freedom matters than financial issues, and though, Paine’s’ quote also refers to economical management, means that free or very cheap items are not appreciated for their essence or quality but does not imply a more important thing to consider regarding personal budget: do not waste money unnecessarily, even when “the thing" is cheap.

15 POINTS
A nation with an oligarchy form of government has

A. elections so the people can vote on each government decision
B. one hereditary executive who remains in office for life
C. many elected officials to represent different groups of people
D. few leaders who typically have similar views on government

Answers

The correct option is D.

Oligarchy refers to the type of government in which the power structure is vested in just a few number of individuals. This form of government is also know as 'Government by the few'. The few people, who hold the rein of power in this type of government are usually motivated by selfish purposes. This type of government always oppress the citizens in order to ensure that they are subject to all his rules and regulations. The ruling individuals are usually set apart from the ordinary citizens by mean of their wealth, social class, prestige, kinship, economic status, etc.

Answer:

Im pretty sure its D

Explanation:

How did an agricultural surplus relate to expanded trade during the High Middle Ages? .

Answers

Final answer:

The agricultural surplus during the High Middle Ages led to an economic boost and a diversification of jobs beyond farming. Surplus crops were traded, connecting different communities and enabling the sharing of products and ideas. This paved the way for trade expansion both internally and externally.

Explanation:

During the High Middle Ages, technological advancements in agricultural methods resulted in surplus production. This surplus facilitated population expansion and a boost in urbanization, ushering in an era of economic prosperity.

With surplus crops, not everybody needed to engage in farming. This allowed some people to take up other jobs, leading to the emergence of new professions and technologies. The success in crop production also created a need for the storage, processing, protection, and trade of surplus food, which in turn stimulated the economy.

Consequently, a thriving society with diverse professions, including merchants, enabled an expansion in internal and external trade. The ability to produce more crops than were consumed resulted in exchange between communities, connecting even remote communities. As farmers had more crops to sell, there was a rise in trade, leading to the sharing of both products and ideas across regions and eventually, continents.

Learn more about Agricultural Surplus and Trade Expansion here:

https://brainly.com/question/12443368

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