The answer to Canada's economic questions of what to produce, how to produce, and for whom to produce is primarily decided by the government officials and corporations.
1) Government officials play a significant role in determining what goods and services are produced in the economy. They set policies and regulations that shape the overall direction of the economy and prioritize certain sectors or industries for development.
2) Corporations, as part of the private sector, have a major influence on what is produced in Canada. They make production decisions based on market demand, profitability, and competition. Corporations respond to consumer preferences and invest in production processes that maximize efficiency and profitability.
Parliament, while having the power to pass laws and regulations, represents the elected officials who are responsible for making decisions on behalf of the government. Individuals, on the other hand, have limited influence over the overall economic decisions as they primarily make choices as consumers or workers within the framework set by the government and corporations.
the answer to Canada's 4 economic questions of 1 what to produce 2 how to produce 3 for whom to produce is decided by which 2 of the following groups parliament, individuals, government officials, corporations
1 answer