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What is the organized set of procedures that a nation follows in producing and distributing goods and services?
Wiki User
∙ 11y ago
Economic System
Wiki User
∙ 11y ago
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What is a country's system of producing distributing and consuming goods and services called?
Economy or "economic system"
A system for producing and distributing goods and services?
The system of producing goods and services is called an economy. This system uses humans to produce and sell the goods. When the people have no say in what will be produced or how, this is called a command economy.
How does price changes affect equilibrium?
By serving as a tool for distributing goods and services.
What is an alternative system for distributing goods and services other than price?
barter system
What is a organized way for goods and services to be exchanged?
Bartering
What is an organized set of procedures that a nation follows in producing and distributing good and services?
The trade agreements are the procedures a nation follows. They work amongst states and countries. It tells you how things get done and how they produce goods and services.
Which of the following is the best description of an economy?
An economy refers to the system of production, distribution, and consumption of goods and services in a region or country. It involves factors such as resources, market demand, government policies, and economic agents like consumers, businesses, and governments. The economy can be classified based on characteristics like market structure, level of development, and economic activities.
What is a country's system of producing distributing and consuming goods and services called?
Economy or "economic system"
A system for producing and distributing goods and services?
The system of producing goods and services is called an economy. This system uses humans to produce and sell the goods. When the people have no say in what will be produced or how, this is called a command economy.
What is distributing goods and services in a fixed manner known as?
Rationing
How does price changes affect equilibrium?
By serving as a tool for distributing goods and services.
What services does the website Simple Organized Living provide?
There are many services that the website Simple Organized Living provide. One of the many services that the website Simple Organized Living provides are tips about home organization.
System for producing good and services?
A system for producing goods and services is known as a production system. Goods are produced from raw materials, and services are activities performed.
What is Global Retail?
The leverage of technology for the purpose of distributing prodcuts/services to the global community.
What is an alternative system for distributing goods and services other than price?
barter system
What are trucking logistics uses for?
Mid Star transportation Logistics is obtaining, producing, and distributing materials and products in the right qualities and to an end user. Logistics service includes the science of planning for managing and implementing procedures for the most efficient and effective storage and transportation of goods and logistics services.
What is a organized way for goods and services to be exchanged?
Bartering
