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the need of somthing or if the countries work together and arent against each other and if the item or product is scarce
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∙ 12y ago
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What is the definition of basic economic questions?
Basic economic questions all deal with scarcity. These type of questions must be asked so that economic decisions will be made that are beneficial.
When markets or governments make economic decisions about what goods and sevices their resources will be used to make what basic economic question are they answering?
In market-based economies, markets determine prices which will answer the three economic questions
How are basic economic decisions made under capitalism?
Economic decisions under capitalism are made with an eye to increasing profits. Government involved is limited, and social responsibility is not a major consideration.
Are the three basic economic?
Mixed free and planned ((;
How do the four economic systems answer the three basic questions of economics?
Societies answer the three economic questions based on their values!
What are the basic financial decisions?
basic financial decisions are three type: 1. Financial Decisions, 2.Investment Decisions, 3.Dividend Decision.
What is the definition of basic economic questions?
Basic economic questions all deal with scarcity. These type of questions must be asked so that economic decisions will be made that are beneficial.
When markets or governments make economic decisions about what goods and sevices their resources will be used to make what basic economic question are they answering?
In market-based economies, markets determine prices which will answer the three economic questions
How are basic economic decisions made under capitalism?
Economic decisions under capitalism are made with an eye to increasing profits. Government involved is limited, and social responsibility is not a major consideration.
When market or governments make economic decisions about what goods and services their resources will be used to make what basic economic question are they answering?
What to produce
When markets or governments make economic decisions about what goods and services their resourcers will be used to make what basic economic question are they answering?
What to produce
When markets and governments make economic decisions what good s and services their resources will be used to make what basic economic question are they answering?
what to produce
Are the three basic economic?
Mixed free and planned ((;
How do the four economic systems answer the three basic questions of economics?
Societies answer the three economic questions based on their values!
How do we classify a nation's economic system?
According to how the three basic economic questions are answered.
The three basic economic systems are?
Mixed free and planned ((;
What type of economy answers the three basic economic questions?
3 types of economic system
