Industrialization is a process by which economy transformed from its basic agricultural environment to the service or manufacturing goods .
economic liberalism is the choice by which individual make his or her decisions and not influenced majorly by the collective Institutions for bigger organisation
Transition basic meaning is to transform from from one phase to another .
so economic transition means the transition of the economy from the basic centrally planned economy to the new free market situation.
so the answer is option d
is the process by which a nation changes its fundamental economic organization and creates new free-market...
Which of the following questions would help an organization determine the favorability of the economic factors for business expansion in a PESTEL analysis? Question 15 Not yet answered Marked out of 1.00 Flag question Select one: a. What are the local taxation policies? How do these affect your business? b. What are the local employment levels per capita, and how are they changing? o c. What pending legislation could affect corporate social policies? d. What is the level and distribution...
China's transition to market capitalism has been characterized by: Select one: a. gradual change. b. free market exchanges for all production. c. very slow economic growth. d. increasingly centralized decision making.
In a Capitalist Free Market Economic System what is the information and coordination mechanism buyers and sellers use to make resource allocation decisions? Select one: a. the price system b. the production system c. government programs d. the invisible hand of competition
Expanding capital availability for economic development entails which of the following type of market intervention? a Perfecting the operations of existing capital market b Creating alternative development finance institutions c Both (a) and (b) d None of these
Answer True or False: 1. Classification criteria for economic system include decision-making systems, mechanisms for information and coordination, incentive structures, property rights, and mechanisms for public choices. 2. All economic systems can be classified as market capitalism or centrally planned socialism. 3. Generally speaking, transition economies emerging from the former Soviet Union have done least well with transition, while those of Central and Eastern Europe have done the best. 4. Capitalism relies primarily on material incentives, while planned socialism and...
List the four main types of economic systems and their main attributes. Select all that apply. A. The mixed economic system is an economy in which some economic decisions are made by firms and households and some by the government. B. The traditional economic system is an economy based mostly on tradition. C. The split economic system is an economy in which half the economic decisions are made by the government and the other half are made by individuals. D....
Write a “C” program that creates a child process that prints out its pid and new line and then calls pause() system call. Once it returns from the pause system call the child program must exit with code 5. The parent program must wait for the child process and print out the pid of the child process and the exit status with the following format: “childpid=%d,exitstatus=%d\n”.
1.A well-functioning financial system: a. creates unpredictable market disruptions. b. solves asymmetric information problems. c. acts as a barrier to efficient allocation of capital d. causes financial frictions to increase in an economy. 2. Which of the following is true of securitization? (Circle All) a. It is a process that converts high-risk financial instruments into default-free financial instruments. b. It is a process that converts a series of financial instruments into marketable securities. c. A process that drives the prices...
When a process creates a new process using the fork() operation, which of the following resources is available for read/write between the parent process and the child process? a) stack b) heap c) shared memory segments. Please explain the answer fully and also explain why the other 2 options are incorrect.
Which of the following is a true statement as regards to planning, organization, and control mechanisms? a. Planning and control mechanisms are related, but organization must be separate to remove friction between headquarters and local managers. b. A firm generally accomplishes its planning goals, and organizational goals, and then it implements control mechanisms. c. Planning and organization are related, but control mechanisms must remain independent due to cultural, political, and economic differences in foreign markets. d. Control mechanisms are directly...