ne How we use a combination of private enterprise homic problems (reach society\
ID: 1130434 • Letter: N
Question
ne How we use a combination of private enterprise homic problems (reach society's economic goals) paragraphs using full sentences and proper grammar. The e a short essay with two ic problems(markets) and government actions to first paragraph gives two goals desired by society gives two goals desin these goals. For references, the following many u is largely successful that the pure market economy ety that the pure market economy is not very successful in government actions have been taken to help the economy reach e market is able to attain these goals. The second paragraph ng and explains what ha list contains many of the goals successful economies try to reach: e quantity and type of goods and services that people want. 2) Meet the minimum needs of each individual. 3) Fully employ resources, including labor. 4) Provide fair prices. 5) Provide fair wage rates. 6) All choice. 7) Protect nature and natural resources for future generations. 8) Provide safe working conditions. 9) Apply technological and scientific advances in order to improve products and increase worl productivity. 10) Produce efficiently, reducing internal waste and matching the right person to the job. 11) Provide enough time off to balance family, work and leisure needs. ow consumers to decide freely what they want with enough information to make the righ our work on a separate piece of paper and staple this page (with you on it. Please bring your completed work to class on Dec. 18, the name written on the top) date.Explanation / Answer
Answer : In pure market economic is an economic system in which economic decisions and pricing of goods and services are taken by interactions of demand and supply. Every society has two major goods such as better living standard and provide better utilisation of resources without harming the enviornment. The goal of the society is sustainable development of the country and freely decide about there consumpation pattern . Here market is free and they are able to produce goods and services that meet the need of individualsin an economy. They provide fair wages so that people of the country can increase there standard of living at large phase.
If pure market economy is not able to achive society main goals than the government has been intervend and provide various goals to be achived in the market. They restricted the firm to provide fair wages as well as provide proper working and safety condition to its workers. It helps in providing maximum working hours alloted to every workplace. It provide proper condition of working as well as maintian time off between family, work and leisure needs. There should be price ceiling of resources.
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