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Economic Systems Differ from One Another Based on Who Owns

Question 36

Multiple Choice

Economic systems differ from one another based on who owns the factors of production and


A) how many resources are available in the economy and where they are located.
B) how economic activities are coordinated and directed.
C) what kinds of products are produced in the economy and how they are sold.
D) how big the population is and the makeup of the population.

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