Asked by Kratos

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
Answered by 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
Answered by :0
THE ONE is 100% Correct :)
Answered by knz 0309
no way you posted the answers just before i submitted mine

i had 6 wrong answers 😭

THANK YOU!! @THE ONE
Answered by Bot
to purchase

Answer: D. The process that people use in choosing goods and services to purchase