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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 three basic questions in economics?
Who is prouducing what are they prouducing and how are they producing
Critically discuss the three basic strategic questions?
Yes
What three basic questions do economic systems address?
Economists also study how economic systems address three basic questions: What shall we produce?; How shall we produce it?; For whom shall we produce it?
The three basic economic questions are what to produce where to produce and how to distribute?
false
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 three basic questions in economics?
Who is prouducing what are they prouducing and how are they producing
Critically discuss the three basic strategic questions?
Yes
What three basic questions do economic systems address?
Economists also study how economic systems address three basic questions: What shall we produce?; How shall we produce it?; For whom shall we produce it?
The three basic economic questions are what to produce where to produce and how to distribute?
false
How does each type of economy answer the three basic questions?
market economy
What caused the nation to have to answer the three basic economics questions?
Scarcity of resources
What term causes a nation to have to answer the three basic economic questions?
Scarcity of resources
What are the three basic questions religious traditions attempt to answer?
where did we come from how we should live where do we go All questions might include 'why or what'
What are the three economic questions that economic systems must answer?
The 3 basic questions in economics are: What to produce? How to produce? For whom to produce?
The way a country answers the three basic economic questions determines its?
traditional system.
Which economy answers the three basic economic questions with the phrase Do as you have always done?
traditional
