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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


What social science is described as people government and societies choose how to use scarce resources I produce items for consumption?

Economics is the social science that studies how individuals, governments, and societies make choices on how to allocate resources to produce goods and services for consumption. It deals with the production, distribution, and consumption of goods and services within a society.


People government and society choose how to use scarce resources and to produce items for consumption?

4 Economics


What basic economic choice must people and societies?

Societies make choices about how to use their resources. Businesses make choices about what to produce and when to produce it.


What basic economic choice must people and societies make?

Societies make choices about how to use their resources. Businesses make choices about what to produce and when to produce it.


Why are societies faced with the three basic question of what how and for whom?

Societies face the three basic economic questions of what to produce, how to produce, and for whom to produce due to the scarcity of resources. With limited resources and unlimited wants, societies must make choices about the allocation of those resources. These questions help determine the priorities and methods for production, ensuring that the needs and desires of the population are met as effectively as possible. Ultimately, they guide economic decision-making and influence social structures and policies.


The decision on how to use scarce resources to produce items for consumption would be explored in which of these social sciences?

economics


societies make decisions about how to produce certain goods by?

considering whether companies or the government should make the goods.


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 does resource consumption mean?

Resource consumption refers to the use of natural, economic, or human resources to produce goods and services or to meet needs and desires. It encompasses the extraction and utilization of materials, energy, and labor in various processes. Understanding resource consumption is crucial for assessing sustainability and environmental impact, as excessive consumption can lead to depletion of resources and ecological harm.


Do any society can produce goods and services?

no, i dont think that any society can produce goods and services that meet all its wants because there are societies with poor resourses and some with rich resources.