Business High School

In which of the following countries will the national government have the greatest influence with respect to the nation's economy?A. ChinaB. CubaC. CanadaD. Chile

Answers

Answer 1

Among the given options, the country where the national government will have the greatest influence with respect to the nation's economy is Cuba.

Option A: China

China is a socialist market economy country, which means that the government plays a significant role in the nation's economy. The government of China has a great influence over economic planning, resource allocation, and market regulations. Thus, the national government will have the greatest influence with respect to the nation's economy in China.

Option B: Cuba

Cuba has a centrally planned economy, which means that the government controls all aspects of the nation's economy. The government controls everything from production to distribution and pricing, so it has the greatest influence over the economy.

Option C: Canada

Canada is a developed country with a mixed-market economy. The government of Canada plays a significant role in the nation's economy by providing public goods and services, ensuring fair competition, and regulating industries. However, the private sector is also an important part of the economy, and the government does not have complete control over it.

Option D: Chile

Chile is a market-oriented economy with a high level of economic freedom. The government has implemented various market-friendly policies and trade agreements to promote growth and development. The government regulates some industries and provides public goods and services, but it does not have complete control over the economy. Thus, the national government will have the least influence with respect to the nation's economy in Chile.

Therefore, the correct option is B. Cuba.

To know more about economic freedom, refer here:

https://brainly.com/question/28126222

#SPJ11

Related Questions

to protect the competitive economic system by restricting the formation of monopolies, the government has passed and enforced rationing systems. antitrust laws. the imposition of taxes on certain goods. zoning laws.

Answers

To protect the competitive economic system by restricting the formation of monopolies, the government has passed and enforced b: antitrust laws.

Antitrust laws are regulations that aim to promote fair competition and prevent the formation of monopolies or cartels that can control the market and limit competition. These laws are designed to ensure that businesses compete fairly and that consumers have access to a variety of goods and services at competitive prices.

The government enforces antitrust laws by investigating and prosecuting violations, such as price-fixing, market allocation, and other anti-competitive practices that harm consumers and stifle competition.

You can learn more about antitrust laws at

https://brainly.com/question/13800256

#SPJ11

Other Questions
which of the following generic competitive strategies would a producer of commodity such as steel most likely pursue? broad low cost exclusive dealing broad differentiation horizontal integration focus differentiation the 98.4% confidence interval for snapdragons grown in compost is (20.91, 38.43). what is the margin of error of this confidence interval? Which of the following statements will assign the address of the variable int myInt to the pointer int* myPtr?a.int* myPtr = *myInt;b.int* myPtr = myInt;c.int* myPtr = &myInt;d.int& myPtr = &myInt State whether total revenue rises or falls in each of the following situations: A. Demand is elastic and price increases. B. Demand is inelastic and price decreases. C. Demand is elastic and price decreases. D. Demand is inelastic and price increases. how many electrons does cl want to gain? hint: how many are gained to form a stable noble gas electron configuration, ns2 np6 (octet rule)? ReadWorksA New Kind of Library - Comprehension Ques5. What is this passage mostly about?A. how technology and computers changed the New York Public LibraryB. how public libraries in cities across the United States functionC. how the New York Public Library has changed the way people use computersD. how crowdsourcing can help many people become involved in a projectI need this today :( Help me find the slope of the line for each one its ok if you dont know all of them which of the following may be a business or organizational customer?multiple choiceall of these examples may be business and organizational customers.a federal government agencya producer of goods and servicesa retailer hich gas began to increase in the atmosphere as a result of photosynthesis by autotrophic prokaryotes approximately 2.7 billion years ago? !70 points! in three to five sentences explain how relations in the Middle East Led to an oil embargo in the United states in the 1970s when something hinders or prevents an audience member from receiving a message, it is called . 1. use the quadratic equation to find the exact solutions to this equation, and simplify your answer: 2x^2 6x 12 4 ways wich a good self awareness can decrease the likelihood of learners turning to discriminating behaviour What is a Theory Y manager likely to do according to Douglas McGregor's theory? La creacin de los hombres segn el popol vuh y qu pas con cada uno de ellos if one flag pole is y feet tall and casts a shadow x feet long, then how tall is another nearby flag pole that casts a shadow p feet long at the same time of day? true or false: today there are more young children in child care in the united states than at any other time in history. 1. some of the age-related changes in the articular cartilage that contribute to osteoarthritis include for durkheim, people who performed similar tasks had in common the way they looked at life, which he called mechanical solidarity. group of answer choices true false sasha is plagued with obsessions about locking her door so that someone does not break in and kill her. what cognitive characteristic is she demonstrating?