Ask Question
BusinessBusiness
20 August, 04:15

Do any economic systems in the world reflect the purest forms of command or laissez-faire economies?

+1
Answers (1)
  1. 20 August, 05:27
    0
    No, there is no any economic systems in the world that reflect the purest forms of command or laissez-faire economics.

    Because in most economies, government plays an important role and if it is not, there is some kind of involvement of government is must be in the system. The government can use many ways to involve in the economic system.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Do any economic systems in the world reflect the purest forms of command or laissez-faire economies? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A fruit company has 20% returns in periods of normal rainfall and - 3% returns in droughts. The probability of normal rainfall is 60% and droughts 40%. What would the fruit company's expected returns be?
Answers (1)
Which one of the following should NOT be included in the project analysis of the manufacturing of a new product?
Answers (2)
Stock y has a beta of 1.25 and an expected return of 12.6 percent. stock z has a beta of. 8 and an expected return of 9.9 percent.
Answers (1)
One day a supplier supplied 300 units of a good at $20 per unit. A week later the same supplier supplied the same number of units at $10 per unit. Based on this evidence the supplier has experienced: a a decrease in quantity supplied.
Answers (2)
Why can a Home Depot with a few large stores provide a higher level of product availability with lower inventories than a hardware store chain such as Tru-Value, with many small stores
Answers (1)
New Questions in Business
After Sunshine Systems merged with RTD Enterprises, company executives noticed that due to increased employee collaboration between the two units, costs were down and revenues increased within both areas.
Answers (1)
When the consumer price index rises, the typical family a. has to spend more dollars to maintain the same standard of living. b. can spend fewer dollars to maintain the same standard of living. c. finds that its standard of living is not affected. d.
Answers (1)
A magazine subscription costs $45 per year at the beginning of each year, or $115 now for a three-year subscription. If the subscriber elects to pay the $115 now, the rate of return on the investment will be nearest to:
Answers (2)
The second step in rational decision making is to: choose the solution that maximizes value. identify the criteria that are important in making the decision. evaluate the alternatives. implement the alternative.
Answers (1)
What impact will a spike in wages cause to the labor demand curve?
Answers (1)
Home » Business » Do any economic systems in the world reflect the purest forms of command or laissez-faire economies?
Sign Up Forgot Password?