The market economy /video

 https://yandex.ru/video/touch/preview/11296567819628416602

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  1. Farida8 октября 2023 г. в 12:08

    A free market isn't controlled by a government, custom and tradition. It controls itself. . Market economy has two features: competition and technology..Free market economy doesn't exist anywhere in the world.

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  2. Zabiya8 октября 2023 г. в 12:15

    An economic system is characterized by questions
    -What to produce?
    -How to produce?
    -For whom to produce?
    The private sector, which is organizations controlled by individuals, answers 3 questions completely. The government has no control over the economic system.
    The advantage of a market system is that it has:
    1-diversity of goods and services (this is to meet the needs of the population)
    2-Rapid private sector response to changes in consumer desires and spending patterns
    Resources used in production are called factors of production
    (Labor, capital, land, information)
    3-The desire of firms to make a profit
    4-no taxes on income, wealth, goods and services
    Without government control there is no public sector - this means that the government does not need to collect taxes to provide goods and services
    The advantage of a market system is the variety of goods and services
    Рабаданова Зухра

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  3. Zabiya8 октября 2023 г. в 12:15

    An economic system is determined by how an economy answers three economic questions which are what to produce how to produce for whom to produce.
    The government has no control in the market economic system.
    There are advantages in a market economy. This is a variety of goods and services.
    Also, the quick response of the private sector to changes and the consumer spending patterns.
    All firms want to make more profit, so if they believe that it is profitable to produce something, they will spend more resources on this production.
    The resources that are used for production are called factors of production, which include people involved in the production of goods and services, land which is all natural resources involved in production such as wood. Capital which is all man-made resources involved in production such ass machinery and lastly enterprise which is the ability to run a production process. Lprovses,
    Another advantage is the profit motive. The profit motive allows them to develop new products, more efficient production and cost reduction.
    The last advantage is that there are no taxes on incomes wealth or goods and services, since there is no government control.
    Also there is two features of market economy-competition and technology.
    So, a market economic system is an economic system in which there is only a private sector that makes decisions independently.
    М Хадя

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  4. Zabiya8 октября 2023 г. в 12:16

    Here are the advantages of a market economic system. The first advantage of a market economic system is the wide variety of goods and services that will be produced by producing many different products. The second advantage is the quick response of private sector to changes and consumer wise their spending patterns. Another advantage of a market economic system is the profit motive of friends. The last advantage in the market economic system is that there are no taxes on incomes wealth or goods and services without government control there are no public sectors and that mean that the government does not need to collect tax money to provide goods and services.

    М.Карина

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  5. Zabiya8 октября 2023 г. в 12:25

    The market economy has the following advantages:
    -diversity of goods and services;
    -Rapid private sector response to changes in consumer desires and spending patterns;
    -Human labor, land, capital and information are used in the production process (something that plays an important role in enterprise management)$
    -The desire of firms to make a profit$
    -No taxes on income, wealth, goods and services. since there is no state control.

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  6. Amina078 октября 2023 г. в 15:25

    The market economy has several advantages:
    - A wide range of goods and services will be productive.
    - Firms will respond quickly to changes in consumer needs and cost structure.
    - the profit motive allows firms to develop new products and more effective methods.
    - Taxes on personal income or goods and services

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