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A system for producing goods and services is known as a production system. Goods are produced from raw materials, and services are activities performed.
Frederik Thompson
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What are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
A system for producing goods and services is called what?
ECONOMY! ;)
A system for producing and distributing goods and services?
The system of producing goods and services is called an economy. This system uses humans to produce and sell the goods. When the people have no say in what will be produced or how, this is called a command economy.
What is a country's system of producing distributing and consuming goods and services called?
Economy or "economic system"
What is the organized set of procedures that a nation follows in producing and distributing goods and services?
Economic System
What is the main aim of a business producing good and services in a market economy?
To make profits
What is the term for the joining of two or more firms involved in different stages of producing the same good or services?
Cartel
A joining of two or more businesses that are involved in different stages of producing the same good or service is called a?
Joining two or more businesses that are involved in different stages of producing the same good or services is a vertical merger.
Who control the prices of good and services in economics system of communism?
me i do
What is a system people use to produce good and services?
It's an economy
Narcotics act on the central nervous system by producing a?
Narcotics act on the central nervous system by producing a what effect?
What is an organized set of procedures that a nation follows in producing and distributing good and services?
The trade agreements are the procedures a nation follows. They work amongst states and countries. It tells you how things get done and how they produce goods and services.
