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System for producing good and services?
A system for producing goods and services is known as a production system. Goods are produced from raw materials, and services are activities performed.
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 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.
A system for producing goods and services is called what?
ECONOMY! ;)
What is a country's system of producing distributing and consuming goods and services called?
Economy or "economic system"
Which of the following is the best description of an economy?
a system of producing and distributing goods and services
What is the organized set of procedures that a nation follows in producing and distributing goods and services?
Economic System
What is the difference between the revenue that a business gets for its goods and services and the cost of producing the goods and services?
Labor
What is activity that produces goods or services?
goods producing industries are agriculture, mining, manufacturing and construction; tertiary industry creates services
Human effort directed toward producing goods and services?
labor
An economy that is producing the maximum amount of goods and services is considered?
efficient
What are Goods or services bought with other goods or services called?
This is the barter system.
