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What else can I help you with?
Whether raw material required to produce the goods consumed by people is sufficient?
chat with me Spell check your answer
A country that cannot produce the goods it needs and has to import materials and products in order to survive is referred to as economically self-sufficient True or false?
false
Did China produce goods?
Yes, China did produce goods.
Technological advancements can improve productivity by doing which of the following?
Developing machines that reduce the human effort needed to produce goods and services.
What commodities are produce how are goods produce and for whom are goods produce?
they let the customers and citizens decide.
What is the difference between subsistance production and surplus production?
the main difference between surplus and subsistance production are:-subsistance production you only produce or generate enough goods or services for your coutry an with surplusproduction you have sufficient amount of goods for your country an for trading
Who determines what goods to produce in the economy?
It is the demand and supply which determines the goods and services to produce in the economy.
What would be considered a country if it can produce all of the goods it needs?
Being self-sufficient is not part of any reasonable definition of "country". Basically, you're a country if enough other countries say you are.
What are the four basic questions of economy?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?
What is the definition of manufactured goods?
Manufactured goods is a phrase used to describe anything that is produced by a machine on a large scale. This means that a machine can produce high numbers of the same exact product in a short amount of time.
Manufactured goods needed to produce other goods and services are called?
Capital Goods.
For whom do you produce goods and services?
That's easy, you produce them for customers.
