Expert Homework Help Online & Write My Essay Service

Hire best homework helpers for online homework help 24/7. Are you looking for online homework help? Try our excellent homework help who can help you get A+ grade in your assignment.

Order my paper
Calculate your essay price
(550 words)

Approximate price: $22

19 k happy customers
9.5 out of 10 satisfaction rate
527 writers active

Laurel Springs LES4 UNIT5 Comparing Economics Systems & Command Economy HW

Answer the following questions.1) Match the words with the descriptions.capitalism, nationalization, planned economy, market economy, command economy, communism, laissez-faire, socialism, mixed economy. possible answers an economic system with little or no involvement by the government economic system where individual may own private property and take a risk in order to make a profit an economic system in which private industry and the government both have a role an economic system that focuses on economic equality through public ownership of property and resources state-directed economy a state-controlled economic system and ruling political party in which all products and services are collected and redistributed by government agencies another name for capitalism or free enterprise the economy of socialism and communism
the socialist government takeover of a private industry for public use
2) Check all that

Large corporations fixed prices.

Businesses formed monopolies.

It was necessary to regulate imports and exports.

Inequities existed in wages.

3) Check all that apply.How do antitrust laws protect the free market?
They equalize profits.
They redistribute wealth.
They promote competition.
They break up monopolies.
4) Select the best answer.What would be the best title for the above diagram?
Communism: State Distribution and Ownership
Free Enterprise: Public Ownership
Socialism: Equality for all
Capitalism: A System of Choices
5) Check all that apply.What are the three basic economic systems?
6) Check all that apply.Give TWO reasons a developing country might choose socialism as its economic system.
Government expenses are reduced to a minimum.
It provides a solution to deal with struggling industries while ostensibly increasing national employment and profit.
Socialism appeals to politicians who desire absolute power.
The government can channel profits to meet economic needs that would be considered unprofitable under capitalism.
7) Check all that apply.Place a check mark by all answers that represent capitalism.
guaranteed success
right to own property
public ownership of goods and services
freedom of choice
equal wages
right to risk capital and enjoy profit if successful
8) Check all that apply.Select TWO examples of indirect controls that can place pressure on the market to produce specific goods and services.
expanding laissez-faire policies
allowing local governments to establish their own quotas
setting prices for products and supplies
controlling the allocation of labor and resources
9) Type the correct answers.Does the United States have a laissez-faire economic system? Explain your answer.10) Type the correct answers.What is the main difference between a market and a command economy?

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more