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goods and services in a market economy should be produced by labor. capital is needed so that physical products are produced by labor. capital tends to make labor more productive. in order to makes products land is needed to create for labor. labor is used to create capital on land to produce wealth.
Wiki User
∙ 15y ago
Wiki User
∙ 9y agoGoods are produced by labor. Depending on the type of economy, the goods can be produced in the private sector or public sector.
Wiki User
∙ 9y agoThere are a number of goods and services that can and will be produced. Food items such as Hamburgers will always be a good that is produced for example.
Wiki User
∙ 10y agotechnology
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What determines what goods and services are produced?
Consumers determines what goods and services are produced.
What are the four fundamental economic questions?
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 Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
For whom are goods and services produced in a market economy?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
What three questions define the economy of a society?
what goods and services should be produced? How should goods and services be produced? who should get and use the goods and services?
What determines what goods and services are produced?
Consumers determines what goods and services are produced.
What are the four fundamental economic questions?
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 Three question every economy must answer?
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?
For whom are goods and services produced in a market economy?
Goods and services are produced for consumers . What the consumer wants, the entrepraneur or company will give..
What three questions define the economy of a society?
what goods and services should be produced? How should goods and services be produced? who should get and use the goods and services?
What three basic economic questions must be answered by every society?
What goods and services should be produced?How should the goods and services be produced?Who should get the goods and services?
What goods and services are produced?
the goods and services that are produced are maids because they service you and a car because a good is something that is good
Is Jollibee produced goods and services?
it is goods because they serve goods.
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 are five basic economic questions?
1 - What goods and services will be produced? 2 - How will the goods and services be produced? 3 - Who will get the goods and services? 4 - How will the system accommodate change? 5 - How will the system promote progress?
What are the five basic economic questions?
1 - What goods and services will be produced? 2 - How will the goods and services be produced? 3 - Who will get the goods and services? 4 - How will the system accommodate change? 5 - How will the system promote progress?
What are the three economic systems?
1. What goods and services should be produced? (goverment,producer, consumer) 2. How should these goods and services be produced? (goverment, producer, consumer) 3. For whom should the goods and services be produced?(goverment, producer, consumer)
