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What is the way societies turn resources into goods and services?
weird
What is a nation's plan for making decisions on what and how to produce and how to distribute goods and services?
their economic system
What do you mean by what good and services will be produced in economic question?
The economic question of what goods and services will be produced refers to the decisions made by societies or businesses regarding which products to create and offer to meet consumer needs and preferences. This decision is influenced by factors such as resource availability, technological capabilities, consumer demand, and market conditions. Ultimately, it involves determining how to allocate limited resources to maximize satisfaction and efficiency in an economy.
Which of these describes a controlled econmic system?
The government makes decisions about production and distribution of goods and services.
What services does the investment department in a bank offer to help customers make informed decisions about their investments"?
The investment department in a bank offers services to help customers make informed decisions about their investments. These services may include financial advice, portfolio management, investment research, and access to various investment products such as stocks, bonds, and mutual funds.
What is the way societies turn resources into goods and services?
weird
What has the author Irna Gadd written?
Irna Gadd has written: 'Arthritis alternatives' -- subject(s): Directories, Arthritis, Hospitals, Information services, Societies 'Arthritis alternatives' -- subject(s): Arthritis, Directories, Hospitals, Information services, Societies
What best explains what makes allocation decisions decisions necessary?
There are never enough goods and services to satisfy all wants and needs.
When markets make economics decisions convert resources into goods and services?
Demand will always force markets to make economic decisions to convert resources into goods and services. Without demand. There is any reason to convert the resources.
Where can one find information on banks and building societies?
One can find information on banks and building societies by going to the website of Adviceguide. This site gives information as to services expected from banks and building societies, tips for contacting them and the complaint process, etc.
What is a nation's plan for making decisions on what and how to produce and how to distribute goods and services?
their economic system
What is the definition of small business?
Whether small or large, "business is an organized effort by individuals to produce and sell for a profit, goods and services that satisfy societies needs."Whether small or large, "business is an organized effort by individuals to produce and sell for a profit, goods and services that satisfy societies needs."
When markets or governments make economic decisions about what goods and services their resources will be used to make?
The question markets or governments are answering when they make decisions about how to efficiently convert resources in to goods and services is How to Produce? This is part of a planned economy which tries to improve productivity.
Economic decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
Which of these describes a controlled econmic system?
The government makes decisions about production and distribution of goods and services.
Economics decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
What two types of money were used in early societies?
In early societies, barter systems were common where goods and services were exchanged directly without a standardized currency. As societies evolved, commodities like grain, shells, and precious metals such as silver and gold were used as forms of money for trade.
