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The profit motive
Businesses will look at the demand or potential demand for their goods when deciding what to produce. They will consider both immediate and future demand.
management
Deciding what goods consumers buy.
Marketing considerations
The profit motive
Businesses will look at the demand or potential demand for their goods when deciding what to produce. They will consider both immediate and future demand.
management
Deciding what goods consumers buy.
Marketing considerations
Yes, China did produce goods.
they let the customers and citizens decide.
It is the demand and supply which determines the goods and services to produce in the economy.
Trade is the buying and selling of goods and services, for money - or other considerations.
deciding what goods consumers buy
Each state can market the goods they produce and make a living.
What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?