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How society chooses to use resources to produce and distribute goods and service for people consumption?
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Is the study of how society chooses to employ resources to produce goods and services and distribute them for consumption among various competing groups and individual?
Economics is the broad term for the study of how a society chooses to employ its resources to create goods and services and sitribute them for consumption among the various groups and individuals in a society. There are names for the sub branches of economics, and for the various theories, such as "supply side economics," for creating and consuming goods.
Economics is about allocating resources to produce and distribute which of the following?
Goods and services
How does scarcity affect the factors of production?
Scarcity is the non-abundance of resources. Resources are needed to produce. Thus, the more that is produced, the more resources are being used.
What Economics is about allocating resources to produce and distribute?
Economics is about the allocation of resources for the production and distribution of goods and _services_
Is the study of how to employ resources to produce goods and services and distribute them among competing groups and individuals?
economics
Is the study of how society chooses to employ resources to produce goods and services and distribute them for consumption among various competing groups and individual?
Economics is the broad term for the study of how a society chooses to employ its resources to create goods and services and sitribute them for consumption among the various groups and individuals in a society. There are names for the sub branches of economics, and for the various theories, such as "supply side economics," for creating and consuming goods.
Economics is about allocating resources to produce and distribute which of the following?
Goods and services
How does scarcity affect the factors of production?
Scarcity is the non-abundance of resources. Resources are needed to produce. Thus, the more that is produced, the more resources are being used.
What Economics is about allocating resources to produce and distribute?
Economics is about the allocation of resources for the production and distribution of goods and _services_
Is the study of how to employ resources to produce goods and services and distribute them among competing groups and individuals?
economics
Government and societies choose how to use scarce resources to produce items for consumption.?
4 Economics
People government and societies choose how to use scarce resources to produce items for consumption?
4 economics
The decision on how to use scarce resources to produce items for consumption would be explored in which of these social sciences?
economics
People government and societies choose how to use scarce resources to produce items for consumption.?
4 Economics
People government and society choose how to use scarce resources and to produce items for consumption?
4 Economics
How does cultural anthropology definition of economic system?
Cultural anthropology defines an economic system as the structures and processes that societies use to manage their resources and distribute goods and services. It examines how different cultures value, produce, and exchange these resources, considering factors like social organization, technology, and beliefs about wealth and value.
What are the factors of production?
The four main factors of production are: labor, capital, Natural Resources, and entrepreneurship.Examples of each:Labor- the mental/physical effort used to produce goods/servicesCapital- includes machinery to produce and distribute goods/services (such as factories)Natural resources- land, oceansEntrepreneurship- selling products door-to-doorspeed and effieciency
