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Broad social / economic goals.

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Q: The Economic system must address what?
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How the public address system affects political economic social system?

determines the number of representatives


Economic systems must address?

Broad social / economic goals. The political process. The production possibilities curve. Utility.


Which is NOT a question an economic system must answer?

When to produce it. ^^ from Stars Suite.


What are the three questions the economic system must answer?

The thre questions that all economic systems must ask are: What to make? How to make it?, and Who gets it? Tough questions.


What question must be asked about resources in an economic system?

How are the resources distributed?


What three key economic decisions must every economic system make?

The three key economic decision of every economic system are price, how much to produce, and where to sell the product. This follows the principles of the laws of supply and demand.


What are the different economic system?

traditional economic system command economic system market economic system


What must be asked about the use of resources in an economic system?

What is the most effective allocation?APEX!


What are the three fundemental questions that every economic system must answer?

what to produce. how to produce. who gets it


What are the three different economic system?

traditional economic system command economic system market economic system


What questions must be asked about the use of resources in an economic system?

What is the most effective allocation?APEX!


An economic system must provides the answers to what questions?

Who is allowed to own property