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The idea that producers make goods that consumers like and are willing to pay for is a principle of what economic systems?
Wiki User
∙ 11y ago
market
Wiki User
∙ 11y ago
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Which of the following economic systems leaves production decisions competely up the producers?
free-market economy
Which economic systems leaves production decisions completely up to the producers?
Free-market economy
What are the types of political economic systems?
there is no such thing as political economic systems, there are only economic political systems
In which type of economy do people grow crops for their own use?
There are several economic systems that operate along this principle, but the most common of these is capitalism.
Human wants are satisfied by A Consumers B Available Resources C Economic Systems D God?
Not (A) 'Consumers', because consumers are the humans who have needs and wants.(B) Available resources are used to meet human needs.(C) Economic systems are used to provide and distribute available resources.Not (D) God, because, if he exists there is no evidence that he has ever provided for human wants, other than through available resources and our own economic systems.So the answer is thathuman wants are satified by available resources, assisted by the economic system. Those who choose to do so can see God play an unseen and unprovable role in the distribution of available resources.
Which of the following economic systems leaves production decisions competely up the producers?
free-market economy
Which economic systems leaves production decisions completely up to the producers?
Free-market economy
How do producers transfer their energy to first-level consumers?
They get eaten by first level consumers otherwise known as herbivores. The herbivores have digestive systems capable of using/digesting the sugars polymers in the plant's tissues.
What is the basis for all classification systems?
the basis classification in the past is plant and animal. that is because it is producers make their own food and consumers and decomposers eat their food .
What is the principle of independence of systems?
the principle that different body systems grow at different rates.
What are the types of political economic systems?
there is no such thing as political economic systems, there are only economic political systems
In which type of economy do people grow crops for their own use?
There are several economic systems that operate along this principle, but the most common of these is capitalism.
Human wants are satisfied by A Consumers B Available Resources C Economic Systems D God?
Not (A) 'Consumers', because consumers are the humans who have needs and wants.(B) Available resources are used to meet human needs.(C) Economic systems are used to provide and distribute available resources.Not (D) God, because, if he exists there is no evidence that he has ever provided for human wants, other than through available resources and our own economic systems.So the answer is thathuman wants are satified by available resources, assisted by the economic system. Those who choose to do so can see God play an unseen and unprovable role in the distribution of available resources.
Why cultures develop economic systems?
why dp cultures develop economic systems
The economic system favors decisions by consumers but allows for some central planning?
Mixed economies are a combination of capitalism and centrally planned economy. In such systems, consumers have purchasing power, but there is strong government involvement in the provision of public goods.
What is a way of defining economic systems?
One way to define economic systems is to classify them according to whether they are market systems or command systems.
Why do kin-based economic systems prevail in non-industrial societies?
prevailing economic systems
