Business

When disaster strikes the U.S. most often acts first to aid the victims. We do this beca using up as a free foodstuff society we call for the items to aid right away available. down the stairs capitalism all or most of the factors of production and dispersalsuch as land, factories, railroads, and stores atomic number 18 owned by individuals. They atomic number 18 operated for profit, and business commonwealth, not disposal officials, expire back what to produce and how much, what to charge, and how much to pay workers (Nickels, 2009, p.35). This information shows that in a free market economy beca enjoyment businesses atomic number 18 operational for a profit that the need good and function are readily available and accessible to be used. (Nickels, William. intelligence Business, 9th Edition. McGraw-Hill skill Solutions, 2009. p. 35). An service to a socialist system responding to an emergency internet site is that since the government controls most of the econo my, it feces decide how and when to use these assorted goods and services. socialist economy is an economic system based on the premise that some, if not most, basic businesses (e.g., steel mills, coal mines, and utilities) should be owned by the government so that profits can be more(prenominal) evenly distri saveed among the throng (Nickels, 2009, p.40).

This allows the government to immediately use the goods and services it owns without the red tape associated with having to ask a businessperson to use the good or services that they provide which are needed. (Nickels, William. Understanding Business, 9th Edition. Mc Graw-Hill Learning Solutions, 2009. p. 40). ! I understand that business people do what they do to make a profit but peak prices after a disaster hits affects more than scantily the people who are the victims. The laws of supply and demand are: If criterion supplied exceeds measuring stick demanded, the resulting surplus signals sellers to lower the price. If shortages develop because bill supplied is less than quantity demanded, it signals sellers to increase the price (Nickels, 2009, p....If you want to pretend a panoptic essay, order it on our website: OrderCustomPaper.com

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