Ask your Social Studies teacher.
A service!
The way a nation determines how to use its resources to satisfy its people's needs and wants is called:
through provision of resources that are scares, to satisfy the needs and wants.
traditional
Maker economy are free to undertake economic . free to make choices how to use resources to satisfy their needs.
The smallest type of economy is a subsistence economy, where individuals produce just enough to meet their own basic needs without generating surplus for trade or sale. This type of economy usually involves simple agricultural practices or small-scale crafts for self-sufficiency.
business
Service
A service!
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."
The way a nation determines how to use its resources to satisfy its people's needs and wants is called:
traditional
through provision of resources that are scares, to satisfy the needs and wants.
how does entrepreneu satisfy community needs
ebusiness
Maker economy are free to undertake economic . free to make choices how to use resources to satisfy their needs.
The study of how people seek to satisfy their needs and wants by making choices is known as economics. Economics is a social science that analyzes the production, distribution, and consumption of goods and services. It examines how individuals, businesses, and governments allocate resources to achieve their desired outcomes. By studying economics, we can better understand the decision-making processes that drive our economy.