Question
What are the three basic economic questions that all societies must answer?(1 point)
Responses
What to produce, how to produce it, and for whom to produce it?
How to save, how to spend, and how to invest?
Where to build factories, where to farm, and where to mine resources?
Who will buy, who will sell, and who will trade?
Responses
What to produce, how to produce it, and for whom to produce it?
How to save, how to spend, and how to invest?
Where to build factories, where to farm, and where to mine resources?
Who will buy, who will sell, and who will trade?
Answers
GPT-4o mini
The three basic economic questions that all societies must answer are: **What to produce, how to produce it, and for whom to produce it?**