Which system is called Force economy
Answers
Answered by
0
Answer:Economic forces are the factors that help to determine the competitiveness of the environment in which the firm operates.
These factors include:
Unemployment level
Inflation rate
Fiscal policies
Government changes
Answered by
0
Force economy ɪs ᴀɴ ᴇᴄᴏɴᴏᴍɪᴄ sʏsᴛᴇᴍ ɪɴ ᴡʜɪᴄʜ ᴘʀɪᴠᴀᴛᴇ ɪɴᴅɪᴠɪᴅᴜᴀʟs ᴏʀ ʙᴜsɪɴᴇssᴇs ᴏᴡɴ ᴄᴀᴘɪᴛᴀʟ ɢᴏᴏᴅs. ᴛʜᴇ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴏғ ɢᴏᴏᴅs ᴀɴᴅ sᴇʀᴠɪᴄᴇs ɪs ʙᴀsᴇᴅ ᴏɴ sᴜᴘᴘʟʏ ᴀɴᴅ ᴅᴇᴍᴀɴᴅ ɪɴ ᴛʜᴇ ɢᴇɴᴇʀᴀʟ ᴍᴀʀᴋᴇᴛ—ᴋɴᴏᴡɴ ᴀs ᴀ ᴍᴀʀᴋᴇᴛ ᴇᴄᴏɴᴏᴍʏ—ʀᴀᴛʜᴇʀ ᴛʜᴀɴ ᴛʜʀᴏᴜɢʜ ᴄᴇɴᴛʀᴀʟ ᴘʟᴀɴɴɪɴɢ—ᴋɴᴏᴡɴ ᴀs ᴀ ᴘʟᴀɴɴᴇᴅ ᴇᴄᴏɴᴏᴍʏ ᴏʀ ᴄᴏᴍᴍᴀɴᴅ ᴇᴄᴏɴᴏᴍʏ.
Similar questions