Broad social / economic goals.
Broad social / economic goals. The political process. The production possibilities curve. Utility.
When to produce it. ^^ from Stars Suite.
The thre questions that all economic systems must ask are: What to make? How to make it?, and Who gets it? Tough questions.
How are the resources distributed?
The three key economic decision of every economic system are price, how much to produce, and where to sell the product. This follows the principles of the laws of supply and demand.
determines the number of representatives
Broad social / economic goals. The political process. The production possibilities curve. Utility.
When to produce it. ^^ from Stars Suite.
The thre questions that all economic systems must ask are: What to make? How to make it?, and Who gets it? Tough questions.
How are the resources distributed?
The three key economic decision of every economic system are price, how much to produce, and where to sell the product. This follows the principles of the laws of supply and demand.
What is the most effective allocation?APEX!
what to produce. how to produce. who gets it
traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
What is the most effective allocation?APEX!
Who is allowed to own property