Question

Which statement best describes an economic system?

A. The method of production, resource use, and distribution of good in a region
B. The network of relationships that exist between individuals and groups in a region
C. The way a region makes official government policies and decisions
D. The process that people use in choosing goods and services

Answers

Bot
to purchase

Answer: D. The process that people use in choosing goods and services to purchase
THE ONE
1. A. The method of production, resource use, and distribution of goods in a region.
2. B. Customs and beliefs of a group
3. A. Both have public ownership of businesses
4. D. Production-based consumer spending
5. D. Mixed
6. D. They can meet their needs over time.
7. C. Communist Economies
8. B. The amount of government ownership
9. C. Government planning
10. False
:0
THE ONE is 100% Correct :)
knz 0309
no way you posted the answers just before i submitted mine

i had 6 wrong answers 😭

THANK YOU!! @THE ONE

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