In a _____, the factors of production are owned collectively rather than individually, and no incentives to work harder or to produce quality products are provided.

Answers

Answer 1

Considering the style of government, in a socialistic economic system, the factors of production are owned collectively rather than individually, and no incentives to work harder or produce quality products are provided.

What is Socialism?

Socialism is a style of government that operates so that the community owns all the properties, and every individual receives equally the economic resources allocated by the government.

Therefore, equal sharing reduces the incentives to work harder or produce quality products.

Hence, in this case, it is concluded that the correct answer is "Socialistic Economic system."

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Related Questions

How do banks make money off of the credit they issue

Answers

Answer:

The primary way that banks make money is interest from credit card accounts. When a cardholder fails to repay their entire balance in a given month, interest fees are charged to the account. ... When a retailer accepts a credit card payment, a percentage of the sale goes to the card's issuing ban

Explanation:

An employee at an auto repair garage proposes a new, efficient way to
safely dispose of used motor oil. This is an example of
O Creativity and Innovation.
O Teamwork.
O Work ethic.
O Critical thinking and problem solving.

Answers

problaby the last one D

If you invest $4,200 at a 8. 5% simple interest rate, approximately how many years will it take for you to have over $6,300?.

Answers

The number of years it would take to have over $6,300 is 6 years.

Simple interest is a type of interest in which interest is earned only on the amount of money deposited.

The formula that can be used to determine the number of years is: Interest / (principal x interest rate)

Interest = $6300 - $4,200 = $2100

Time = $2100 / ($4200 x 0.085)

2100 / 357

Time = 5.88 = 6 years

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Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5. 2%. His original policy was set up using the premiums listed below. What is his new annual premium after the increase for the accident?.

Answers

Premium is often paid by people based on some kinds of services offered.

From the picture attached, we can see Royce' premiums for the previous year, which were;

Bodily injury $22.50 Property damage $144.75 Collision $275.75 Comprehensive $100

If you add all together, the total premium of the policy was $543

Note that the premiums will increase by 5.2%,

therefore, the new total premium will be = $543 x 1.052 = $571.24

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Indicate whether each of the following is used in the calculation of the official poverty measure, the Supplemental Poverty Measure, or both. (2 points)
Official Poverty Measure
Supplemental Poverty Measure
Both
food costs
O
O
housing costs
o
O
o
utilities costs
o
O
о о
clothing costs
O
O

Answers

The Official Poverty Measure is used to estimate numbers of people unable to afford basic needs with little or no government assistance

The Supplemental Poverty Measure is used to measure the economic deprivation, that is, people having insufficient financial resources to achieve a specified standard of living.

The official poverty measure is based on cash resources while the Supplemental Poverty Measure is based on both cash and noncash benefits and subtracts necessary expenses.

The cost including food costs, housing costs, utilities costs and clothing costs are elements used in calculation of the Official poverty measure and Supplemental Poverty Measure.

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Answer:

Clothing Costs: Supplemental Poverty Measure
Food costs: Both
Housing costs: Supplemental Poverty Measure
Ultilities cost: Supplemental Poverty Measure

Explanation:
I litterally made a brainly account just to give this answer you best believe its right

How can you improve your credit score?

Answers

Answer:

Explanation:

According to Forbes, some ways to raise a credit score quickly include raising credit limits, keeping accounts open and paying bills on time

HAVE A GREAT DAY!

what should you do when planning for college?

Answers

Answer:

a way to get a large amout of money (legally) to pay off the debt

more money for a place to live

and even more money to get food and other impoartant things to live

Explanation:

an alternative to stocks, but school never taught you what stocks are, so now get more money to buy a phone so u can have basic knowlede

and illegal alternative is to sell something adictive like drugs, cigs. or start a casino or scam pp, for money, or rob a bank

What is the amount of money it costs to display or broadcast an advertisement called?

Answers

Cost per thousand (CPM)

In a margin account, your customer's long market value is $22,000. The debit balance is $8,000. If the customer enters an order to purchase $12,000 of stock, the margin call will be

Answers

Answer:

exercised

Explanation:

How did ray conduct marketing information management?, what type of product/service management did ray do?, what activities were involved in the pricing function?, how did ray use the channel management function?

Answers

Ray conducted marketing information management by collecting information from customers to design the theater system seats. The activities involved in pricing were information management and marketing analysis. Finally,  Ray shows the use of the channel management function because he carefully selected retailers.

Developing a new product and making sure the product is profitable is a complex process that involves multiple stages and strategies. Here are the most common ones:

Marketing information management: This involves collecting information about the customers, marketing, etc. to make the best decisions. This can be seen in Ray because all the process from selecting the product to selling it is based on research.Product management: This involves proper designing, production, and advertising of a product. This is applied by Ray because he works thoroughly in every stage to make sure the product is successful.Pricing: This involves determining the best pricing for a product to guarantee the product is sold and the producer obtains money. Ray uses the information collected from potential customers to determine the best price.Channel management function: This involves carefully selecting the channels to sell or advertise a product. Ray applies this because he analyzes all elements in the marketing to select the retailers.

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Give three examples of fixed expenses.

Answers

1. Rental lease

2. Mortgage payments

3. Interest expenses

Consider the following invoice:

What information is missing that is necessary for generating the total?

Answers

Answer:

maybe bills and rent

Explanation:

Answer:

the subtotal and tax are missing

Explanation:

I had the same question

The balance on a credit card, that charges a 12% APR interest rate, over a 1 month period is given in the following table:
Days 1-3: $200 (initial balance)
Days 4-20: $300 ($100 purchase)
Days 21-30: $150 ($150 payment)
What is the finance charge, on the average daily balance, for this card over this 1 month period?
Finance charge = $?
round to the nearest hundredth​

Answers

Answer:
Finance Charge = $2.40

Explaination is in the excel photo attached witht the answer

How much money is there in the world?

Answers

Answer:

nobody don't have any ideas✓✓

All of this depends on currencies in different in countries because it's all worth different amount like 1 US dollar is 0.76 Pounds.

An average for you in USD is 1.4 quadrillion dollars.

If, after interviewing, you are sure a job is not for you, it is not necessary to send a thank-you note. Please select the best answer from the choices provided T F.

Answers

It is false that a thank-you note is not necessary to be sent even when one is sure the job is not for you..

Basically, an interview is conducted by the recruiting firm to assess the various skills, behavior of the job applicant.

This thank-you-note is a sign of good gesture and can even influence the employer to consider the job applicant for the applied role.

In conclusion, It is false that a thank-you note is not necessary to be sent even when one is sure the job is not for you

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Answer:

f

Explanation:

a trade ______ occurs when imports exceed exports.

Answers

Answer:

goes good and you could get stuff out of it

Choose Yes or No to tell if the number 104 will make each equation true.


17 × □ = 1,700

Choose...



6 × □ = 60,000

Choose...



30 × □ = 300,000

Choose...



205 × □ = 205,000

Answers

Answer:

❤I gotcha bro bro

Explanation:

1.No

2.No

3.No

4.No

Your question needs to be more informative and you need more tutoring on Math no offense just Advice

what is the first step in creating the federal budget?

Answers

Answer:

The President Submits a Budget Request The president sends a budget request to Congress each February for the coming fiscal year, which begins on Oct. 1. 5

The four-firm concentration ratio in this industry is ________. Group of answer choices 21% 79% 94% 58% 41%

Answers

Answer:

I'm sorry I looked it up but one site said 41 and another said 79

a convenience store owner is contemplating putting a large neon sign over his store. It would cost 50000 but is

Answers

Answer:

$24,000

Explanation:

It would cost $50,000, but is expected to bring an additional $24,000 of profit to the store every year for five years.

Hope this helped <3

Which of the following illustrate improvements in productivity? Select the two correct answers. (1 point)
After adopting a new typing strategy, a data scientist is able to provide more data services to clients.
After hiring an additional employee, a factory manager has seen a large increase in factory output.
O A restaurant purchases more food ingredients, resulting in a larger quantity of meals available to customers.
O A nurse decides to work overtime, increasing the quantity of patient care services she is able to provide.
After practicing at home, a dishwasher has doubled the number of dishes he can wash in a single shift.

Answers

Improvements in productivity can be explained as illustrated using below examples;

After adopting a new typing strategy, a data scientist is able to provide more data services to clients.After practicing at home, a dishwasher has doubled the number of dishes he can wash in a single shift.

Improvements in productivity involves achieving more output in daily task of an organization.

When the productivity is low ,then the company will not have enough profit and this is not good for the company.

We can conclude high productivity is the target if every firm.

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One concern over external national debt is that interest and principal payments transfer wealth overseas. The percentage of the national debt held in recent years by foreigners is approximately:

Answers

Answer:

26.70 trillion

Explanation:

Answer:

30 percent

Explanation:

I know it sounds sketchy but i myself just took this test a few days ago

Describe which fiscal policies of the U.S. Congress would be considered expansionary actions and which would be contractionary actions

Answers

Answer:

Congress acts to cut tax rates or increase government spending, shifting the aggregate demand curve to the right.

Explanation:

Contractionary fiscal policy occurs when Congress raises tax rates or cuts government spending, shifting aggregate demand to the left.

Eva is 29 years old and has 2 children, ages 3 and 5. She makes $48,500 a year. Eva decides to buy a $400,000 10-year term policy and then renew the policy for another ten years afterwards. To renew the policy the insurance company charges an extra 40% to her premium rate. Given the options below, assess whether Eva made a wise decision. Annual life insurance premium (per 1,000 dollars of face value) for age 29. A 20-year term for male is 7 dollars and 84 cents, and for female is 6 dollars and 62 cents. 20-year term: for male is 10 dollars and 40 cents, female is 9 dollars and 4 cents. Whole life: male is 20 dollars and 5 cents and female is 18 dollars and 63 cents. A. Eva would have been better off selecting the 20-year term policy. B. Even with the extra charge for renewal, Eva’s plan is the least expensive. C. Given that Eva plans to renew, she should have selected the whole life policy. D. Eva ends up paying the same amount for each policy. Please select the best answer from the choices provided A B C D.

Answers

The best answer from the answer choices that were provided is that even with the extra charge for renewal, Eva's plan is the least expensive.

From the question, Eva is 29 and has two kids of 3 and 5. Her plan is to get the $400000 and renew it for another 10 years.

The renewal policy after 10 years is 40%, at the moment, her financial condition seems okay.

But given that the future can not be predicted and her kids are still growing, we are not sure what her finance may be like in 10 years time.

So we can agree with option B. This is a sensible decision.

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who is responsible for selecting the required yearly ce topics

Answers

Based on standard practice State Real Estate Commission is responsible for selecting the required yearly CE topics.

What is CE in Real Estate?

CE in Real Estate is a term that is used to describe the Continue Education that must be participated by the agents and brokers to retain and maintain real estate license.

To maintain the required yearly CE topics, the State Real Estate Commission set the standard, including the requirements, duration, and due dates.

Hence, in this case, it is concluded that the correct answer is "State Real Estate Commission."

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The growth rate is a measure of the rate at which a countrya's population is increasing. Please select the best answer from the choices provided. T F.

Answers

The growth rate is a measure of the rate at which a country's population is increasing.

The growth rate of a population measures the percentage increase in the value of a quantity.

For example, if the growth rate of a population is 10%, if the town currently has 1000 people, next year population would be: 1000(1.1) = 1100 people.

Factors that leads to increases in a population

Migration Birth

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Answer:

This is true.

Explanation:

Edg. 2022

The value of the existing venture plus the proceeds from the potential new equity issue is known as: Group of answer choices pre-money valuation post money valuation staged financing the capitalization rate

Answers

It is pre-money valuation

The cost of holding excess reserves is the interest rate that could have been earned minus the interest rate that is paid on these reserves. If the interest rate is 5% and the interest rate paid on reserves is 2%, the cost of holding on excess reserves is

Answers

Answer:

7% because you would have to add 5% with 2%

Explanation:

because you would have to add 5% with 2% and get 7 %

What are the dimensions of situational control identified by Fiedler's contingency leadership model? (Check all that apply.)

Answers

There are ways to control different situations. The dimensions of situational control Fiedler's contingency theory are leader-member relations, task structure, and position power.

Fiedler's is popularly known for his contingency theory. This theory helps to understand why managers can behave so differently.

The contingency theory states that there no one single leadership style often works for all employees.

He stated also that there are situational-contingent elements that influences a leader's ability to lead.

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what is bad customer service ? with example​

Answers

Bad customer service is like the employee or waiter is being mean or bad to the customers
An example is if you went into a restaurant and a worker came up to you and have bad posture and looked bored she may speak very rudely or seem to not be paying attention then if your food takes a while to come out or even if they say something that makes you uncomfortable or angered. They are many ways or bad customer service like in a clothes store if your buying g something and they treat that item with barely any respect.
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