Health, 03.08.2019 15:30, shawnamiller31412

Countries that emphasize individual goals over collective goals tend to have what type of economic system?

Answers: 1

Show answers

Answers

There are four main types of political system:
collectivism, individualism democracy and totalitarianism.
Countries that emphasize individual goals over collective goals tend to have -Individualism as a type of economic system.
This political system is more interested in self gain. The individualist standpoint is the starting point fro decision in the individualism political system.

answered: dianaosorio33895

Countries that emphasize individual goals over collective goals tend to have a market economic system.

The principle behind the market economy system is based on a free market. This implies that the government exercises little control over the market. The involvement of government in a market economy is limited and it does not regulate the critical or important aspect of the economy.

Further Explanation

The market economic system is controlled by the people and is highly characterized by the relationship between demand and supply.

In a market economy system, the people determine supply and demand; they decide on their own on how to use factors of production.

The people have the liberty to decide who they wish to patronize, the people they prefer to work with and can also decide the kind of business they create or run.

In a market economic system, you are free to invest or become an entrepreneur by establishing your own business.

The US is a typical example of a market economy system. It is a free market where people can make their own choices.

Apart from the market economy system, there are also other types of economic system and these include:

command economies traditional economics.

Also, some other countries that practices market economics system include:

Switzerland, Australia, The Republic of Congo

LEARN MORE:

Basic economic questions are answered by the central authority in which economic system? Which economic system supports government control of major basic

KEYWORDS:

collective goalseconomic systemmarket economic systemcommand economic systemtraditional economic system

answered: Guest

answer; the above is a (true) statement;

answered: Guest

tell their parents and make sure she gets from a counselor or therapist. be supportive and be there for her. be a kind and good friend. spend time with her to make her feel like she's not alone. i'm not a professional but i really hope they stays strong.

Other questions on the subject: Health

Health, 22.06.2019 05:00, tahjaybenloss16

When a person undergoes root canal treatment or another endodontic treatment: [select all that apply] a.) the inside of the tooth is carefully cleaned and disinfected. b.) air is forced into the canal to stop bleeding. c.) the inflamed/infected pulp is removed. d.) the inside of the tooth is filled and sealed with a rubber-like material called gutta-percha

Answers: 1

continue

Health, 22.06.2019 08:30, mirandac9394

What parts of the cardiovascular system are affected with atrial fibrillation?

Answers: 1

continue

Health, 22.06.2019 22:00, fastpitchhailey1354

Which of the following is true of vegans?

Answers: 1

continue

Health, 23.06.2019 06:00, coreyrineer2791

Which practice is harmful to the land? a. using animal waste as fertilizer b. composting with peels from commercial fruit c. throwing paint cans in the garbage d. cutting the lawn with a gas-powered mower

Answers: 1

continue

Do you know the correct answer?

Countries that emphasize individual goals over collective goals tend to have what type of economic s...