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ECONOMY!
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∙ 13y ago
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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 are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
What are Goods or services bought with other goods or services called?
This is the barter system.
What is the organized set of procedures that a nation follows in producing and distributing goods and services?
Economic System
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.
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 is a country's system of producing distributing and consuming goods and services called?
Economy or "economic system"
What are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
Which of the following is the best description of an economy?
An economy refers to the system of production, distribution, and consumption of goods and services in a region or country. It involves factors such as resources, market demand, government policies, and economic agents like consumers, businesses, and governments. The economy can be classified based on characteristics like market structure, level of development, and economic activities.
What are Goods or services bought with other goods or services called?
This is the barter system.
What is the organized set of procedures that a nation follows in producing and distributing goods and services?
Economic System
When money is not used and goods and services are exchanged for other goods and services this system is called?
It's called TRADE BY BARTER.
What is a system of allocating scarce goods and services using criteria other than price called?
A barter system, where people trade their goods and services for other goods or services as opposed to trading goods and services for money.
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 term indicates the exchange of goods and services within a single country?
The exchange of goods and services within a single country is called domestic trade.
What is a lack of goods or services called?
what is a lack of goods and services called
