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Who or what manages the economy and determines production in
Who or what manages the economy and determines production in a planned economy?
A. a tribal leader B. the forces of supply and
1 answer
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Who or what manages the economy and determines production in a planned economy?
A. a tribal leader B. the forces of supply and
1 answer
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Match the economic system to its definition.
1. market economy: 2. mixed economy: 3. command economy: 4. traditional economy: a.
1 answer
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What type of economy depends on a central government to set prices and production quotas, which often contributes to inefficient
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Which of the following describes an economy in which the interaction of supply and demand determines price and output and there
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an economy where culture determines both the allocation of resources and the production of goods and services
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an economy where a central government determines both the allocation of resources and the production of goods and services
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True or False: This diagram illustrates how the development of mass
production techniques affected the US economy in the 1920s
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true or false: this diagram illustrates how the development of mass production techniques affected the us economy in the 1920s.
t
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This diagram illustrates how the development of mass production techniques affected the US economy in the1920s
the volume of
1 answer
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