Which statement best describes an economic system?(1 point)
Responses
the method of production, resource use, and distribution of goods in a region
the method of production, resource use, and distribution of goods in a region
the network of relationships that exist between individuals and groups in a region
the network of relationships that exist between individuals and groups in a region
the way a region makes official government policies and decisions
the way a region makes official government policies and decisions
the process that people use in choosing goods and services
the process that people use in choosing goods and services
Question 6
Which best describes the production of goods in a free enterprise system?(1 point)
Responses
production based on traditional customs
production based on traditional customs
production based on government regulation
production based on government regulation
production based on decisions of cooperative groups
production based on decisions of cooperative groups
production based on consumer spending
production based on consumer spending
Question 7
Which of the following is not a factor in determining a culture's economic activity?(1 point)
Responses
climate
climate
language
language
physical landforms
physical landforms
natural resources
3 answers
In a free enterprise system, production is based on consumer spending.
Language is not a factor in determining a culture's economic activity.