Marketing 1. A. An scotch system is a nations system for entirelyocating its resources among its citizens. economic systems differ in terms of who owns or controls the four introductory factors of production: labor, capital, entrepreneurs, and natural resources. In planned economies, the government every last(predicate) or most factors. In market economies, which are backdrop on the principles of capitalism, individuals control the factors of production. Most countries today have pucker market economies that are dominated by one of these systems just include elements of the other. The process of privatization is an important means by which more than of the worlds planned economies are moving toward hoard market systems. 2. A. The most common wee-wees of business ownership are the sole proprietorship, the partnership, the cooperative, and the regular corporation. Each human body has several advantages and disadvantages. The form under which a business cho oses to organize is crucial because it affects some(prenominal) long-term strate...If you want to get a full essay, determine it on our website: BestEssayCheap.com
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