Multiple Choice
An economic system is the organizations and methods used to determine:
A) what goods and services are produced.
B) how goods and services are produced.
C) for whom goods and services are produced.
D) all of these.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: Proponents of a command economy argue that
Q12: Property rights allowing individuals to own goods,
Q80: A traditional system solves basic economic questions
Q82: The term "capitalism" refers to which of
Q83: The economic system that answers the What,
Q84: A principal feature of a command economy
Q86: Which of the following is not an
Q87: Karl Marx predicted that the exploitation of
Q88: Most of the world's economies are mixed
Q89: Adam Smith believed that the pursuit of