Which country experiences a pure command economy (or more so than any other country in the world)? Because it is a command economy the people are poor and have almost no human rights.
Inflation in Ontario is mainly caused by:
Inflation in Ontario is mainly caused by:
Company Revenue is __________________________? (the best an…
Company Revenue is __________________________? (the best answer based on course materials)
Which is the least common form of investing for the average…
Which is the least common form of investing for the average Canadian, especially if they have no children?
Market share is a part of the overall market that has simila…
Market share is a part of the overall market that has similar characteristics.
Comparison Shopping really does not allow you to get better…
Comparison Shopping really does not allow you to get better value for your money when you make a purchase.
Economic equality is based on equal opportunity for all work…
Economic equality is based on equal opportunity for all workers and entrepreneurs. However, equal outcome is a system based on taking money (labour) from one person and giving it to another, usually without consent.
Which of the following is not a kind of economic resource? T…
Which of the following is not a kind of economic resource? The answer to this question was taken from module 1 content.
The reason monopolies, like governments, are inefficient is…
The reason monopolies, like governments, are inefficient is because there are no incentives for bureaucrats to be innovative or creative. In a free market, where there is competition, there is an incentive for business owners to be creative as they compete against other businesses.
Over the last 100 years in Canada businesses have responded…
Over the last 100 years in Canada businesses have responded to changing family lifestyles with goods and services that save time, are convenient, and improve efficiency. This is the power of free markets.