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In what kind of economy does the government decide on production and consumption? A) Command economy B) Mixed economy C) Traditional economy D) Market economy
Weegy: In a A) Command economy the government decides on production and consumption. (More)
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Expert Answered
Updated 1/9/2014 9:51:40 AM
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In what kind of economy does the government decide on production and consumption? User: Laissez-faire
Weegy: Laissez-faire leadership, also known as delegative leadership, is a type of leadership style in which leaders are hands-off and allow group members to make the decisions. [ Researchers have found that this is generally the leadership style that leads to the lowest productivity among group members. Characteristics of Laissez-Faire Leadership Laissez-faire leadership is characterized by: Very little guidance from leaders Complete freedom for followers to make decisions Leaders provide the tools and resources needed Group members are expected to solve problems on their own Benefits of Laissez-Faire Leadership Laissez-faire leadership can be effective in situations where group members are highly skilled, motivated and capable of working on their own. While the conventional term for this style is 'laissez-faire' and implies a completely hands-off approach, many leaders still remain open and available to group members for consultation and feedback. ] User: Which of the following statements regarding the circular flow model is not accurate? a. Firms supply households with goods and services. c. Firms pay households for land, labor, and capital. b. Households pay firms for goods and services. d. Households supply firms with goods and services. Weegy: The answer is b. Households pay firms for goods and services. User: What is the purpose of competition? a. to act as a regulating force in the marketplace b. to cause producers to attempt to put each other out of business c. to cause buyers to have to be careful about spending their money d. to act as a motivating force behind the free market Weegy: What is the purpose of competition? to act as a motivating force behind the free market User: The term that describes how markets regulate themselves is known as: a. laissez-faire. c. the circular flow of income. b. the invisible hand. d. a command economy. User: A market is any place that brings together buyers and sellers with a view to ... (More)
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Expert Answered
Asked 8/19/2013 8:43:50 AM
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Which of the following economic systems is characterized by private or corporate ownership of capital goods? a. command c. free enterprise b. controlled d. social
Weegy: Which of the following economic systems is characterized by private or corporate ownership of capital goods? B. controlled. (More)
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Asked 8/21/2013 6:41:48 AM
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