Social Studies, 24.10.2021 14:40 lineaeriksen

Highlight the role of Market Committee in ensuring fair play in the market. (subject: Social Studies, civics)

Answers: 1

Show answers

Answers

Answer from: vallhernandez13

Role of Market Committee in Ensuring Fair Play in the Market

An autonomous body composed of its representatives from many constituencies, such as merchants, farmers, local civic councils, etc., is a market council.

Marketing Committees advise the marketing department. Their role is to provide feedback on marketing activities, develop and refine innovative ideas, and act as a sounding board for marketing strategies and tools.

An idealised system in which the government controls supply and demand mechanisms like who accesses the economy or costs.

It facilitates trade among producers and sellers and at the same time safeguards farmers' rights.

The purpose is to eliminate dangerous and unscrupulous practises, minimise manufacturing costs and provide services for producers in the industry.

Answer from: hardwick744

Unregulated markets are where supply and demand are either not regulated or if regulated it is only with minor restrictions

Explanation:

Since raising profit is the biggest stimulus for businesses, they would try to cut costs unethically. The incentive to raise profit deliberately encourages dishonest actions in some circumstances.

Goods/services which are not profitable will not be made or managed. Rural areas as such would have to endure.

Yet large firms will dominate those markets where rivalry exists. Which helps retailers to raise their profits and by using manufacturers (by price reductions) and consumers (by charging higher prices).

Wealth is "uevenly distributed" – a limited proportion of population is rich, but most of them live in poverty.

Role of Market Committee in Ensuring Fair Play in the Market

An autonomous body composed of its representatives from many constituencies, such as merchants, farmers, local civic councils, etc., is a market council.

An idealised system in which the government controls supply and demand mechanisms like who accesses the economy or costs.

It facilitates trade among producers and sellers and at the same time safeguards farmers' rights.

The purpose is to eliminate dangerous and unscrupulous practises, minimise manufacturing costs and provide services for producers in the industry.

Answer from: Quest

This is highly correct because infact i just had a essay done yesterday so yeah that's pretty much what you need to do

Answer from: Quest

Read your textbook to answer that question

Other questions on the subject: Social Studies

Social Studies, 21.06.2019 20:30, jfy3341

The modern united kingdom and france, by virtue of most government power being held by the central, national government, are best described as having which form of government? select one: a. definitive b. federal c. unitary d. confederal

Answers: 1

continue

Social Studies, 22.06.2019 05:00, owenwernert

The chart shows the marginal cost and marginal revenue of producing apple pies. what most likely will happen if the pie maker continues to make additional pies? the marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, decreasing the profit. the marginal costs will continue to fall, decreasing the total cost, while the marginal revenue remains the same, increasing the profit. the marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, increasing the profit. the marginal costs will continue to fall, decreasing the total cost, while the marginal revenue remains the same, decreasing the profit.

Answers: 1

continue

Social Studies, 22.06.2019 10:50, neellllllss

Alimitation on the president’s power to appoint ambassadors is that

Answers: 1

continue

Social Studies, 22.06.2019 20:30, ghari112345

Lots of points: economics: the dollar value consists of all of the goods and services sold by of each of the following entities except: a. government b. consumers c. unemployed d. net exports

Answers: 1

continue

You know the right answer?

Highlight the role of Market Committee in ensuring fair play in the market. (subject: Social Studi...