answersLogoWhite

0

D. Standard of living is usually used to determine the best economic system.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Which of the following best describes why economic indicators are useful?

They help people determine how healthy a country's economy is. To judge the overall condition of a particular country's economy-AmandaAmor They show the condition of a country's economy.


What is the best kind of Economy for a country?

Most people would say a market economy, but it really also depends on how efficient and responsive the government really is.


Which country has the best economy?

united states


Which country had the best economy in 2009?

India


What country in Latin America has the best economy?

Brazil


Which country has the best economy in Africa?

South Africa by far.


Which South Asian country is the BEST example of a mixed economy?

Bangladesh


What is Africa's best economy country to live in 2012?

South africa


Why are economic indicators useful?

They help people determine how wealthy a country's economy is.Economy indicators are useful because they make it easier to monitor money, improvement, and change. This is important when the economy isn't doing so well.Economic indicator best describes economic activities. These can be one of three indicators namely leading indicators, lagging indicators, and coincident indicators.


What type of economy best fits this description Consumers help to determine the distribution of goods?

market


What type of economy best fits this description Consumers help to determine the distribution of goods.?

market


What is the best description of the Russian economy before 1985?

The best description of the Russian economy before 1985 was a socialist economy. The socialist economy focused on the production of goods for the use of the country and humans needs and not for the accumulation of capital wealth.