0
What is the type of economy called where people produce goods for themselves?
Wiki User
∙ 11y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What do people of a complex economy society work to produce?
Goods that they can consume themselves
What type of economy is it when people decide what to produce how much of it to produce and how much to charge for the product?
Free/market economy
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.
When a government tells people what to produce how much to produce what price to charge and what wages to pay its an example of what?
a command economy.
Why does scarcity exist in an economy?
*there are not enough resources to produce everything people want*
What do people of a complex economy society work to produce?
Goods that they can consume themselves
What type of economy is it when people decide what to produce how much of it to produce and how much to charge for the product?
Free/market economy
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 a system people use to produce good and services?
It's an economy
What is a system people use to produce good service?
It's an economy
When a government tells people what to produce how much to produce what price to charge and what wages to pay its an example of what?
a command economy.
Why does scarcity exist in an economy?
*there are not enough resources to produce everything people want*
Which group of people ultimately determines the products that a free enterprise economy produces?
Which group of people untimately determines the products that a free enterprise economy produce
What do people of simple society work to produce?
Goods that they can consume themselves
What did the Aztec people call themselves?
They called themselves the Chichimeca.
What factor influences economic decision-making in a traditional economy?
Customs and traditions.
What did the hopi called themselves?
the people
