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resources like coal,oil,wood and etc... are used for companies and make money with it
People make economic choices about what to do with their resources.
The biggest economic system used to make money is capitalism. Which is a system of free enterprise.
capitolism
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
resources like coal,oil,wood and etc... are used for companies and make money with it
A 14 year old can work anywhere in Lubbock Texas. The amount of money that they make is between $9 to $12 per hour.
People make economic choices about what to do with their resources.
they have a governer to help make dicisions
What to produce
The biggest economic system used to make money is capitalism. Which is a system of free enterprise.
What to produce
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
In the purest economics sense, the resources required to make a tennis ball include labor, product materials, machinery, and money to pay for all of them. Refer to the web definition link, below, for further information.
what to produce
capitolism
America had the resources that England needed to make money.