0
The type of economy where people produce goods for themselves is called a subsistence economy. In this system, individuals or communities primarily focus on meeting their own basic needs, such as food, clothing, and shelter, rather than producing goods for trade or sale. This often involves small-scale farming or crafting and is common in rural or less developed areas. The emphasis is on self-sufficiency rather than market exchange.
What else can I help you with?
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*
What did the Aztec people call themselves?
They called themselves the Chichimeca.
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 hopi called themselves?
the people
What did the Maya call themselves?
The Mayan Called Themselves ,The People Of The Corn
