which of the following is false about the brazilian economy or economic sector? course hero

Which Subregion is Brazil's poorest?

View Brazilian_Economic_Growth-Compared_with.docx from ECONOMICS MISC at Laikipia University. BRAZILIAN ECONOMİC GROWTH Compared with …

What are some interesting facts about Brazil's geography?

Traditional economy - system in which economic activity is the result of ritual, habitat, or custom Economic system - efficient way of allocating resources and producing and distributing goods and services in a society Command economy - economic system in which a central authority makes the major economic decisions

Which countries are larger geographically than Brazil?

Which of the following is an element of the informal sector of the economy? Unlicensed sellers of homemade goods. Where is Bogota, Colombia's capital city, located? ... Which of the following statements regarding Brazil is false? ... Copper and nitrates are two resources that strongly shaped the economic development of _____ during the past ...

Do most economists believe that GDP is a good measure of growth?

An economic theory requires all of the following EXCEPT: a set of value judgments to interpret the empirical evidence. Choose the statement that best describes how endogenous variables differ from exogenous

What is the difference between a mixed economy and a socialist economy?

Socialism - system in which government owns and controls some factors of production. Market - mechanism through which buyers and sellers of an economic product or service come together. Mixed economy - system that has some combination of traditional, command, and market economies.

What is traditional economy?

Traditional economy - system in which economic activity is the result of ritual, habitat, or custom. Economic system - efficient way of allocating resources and producing and distributing goods and services in a society. Command economy - economic system in which a central authority makes the major economic decisions.

What is market economy?

Market economy - system in which economic activity is driven by supply, demand, and the price system. Capitalism - economic system in which privet citizens own and use resources to make a profit. Privatization - conversion of state-owned property to individual ownership. Five-Year plan - comprehensive, centralizes economic strategy ...

What is communism in economics?

Communism - economic and political system in which factors of production are owned and directed by the state. Voucher - certificate used to purchase government-owned property during privatization. Collectivization - forced common ownership of factors or production. Capital-investment - requiring large amounts of investment in equipment in relation ...

What is capital investment?

Capital-investment - requiring large amounts of investment in equipment in relation to labor. Population density - number of people per square mile of land area. European Union - successor of the European Coal and Steel Community, established in 1993.