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Every society must answer the questions of "What is produced?", "How is it produced?", and "Who receives the products?" These questions address the allocation of resources, the methods of production, and the distribution of goods and services. By answering these questions, societies can establish economic systems that reflect their values and priorities, ensuring that needs are met and that resources are used effectively. This framework helps maintain social order and economic stability.
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What are the three basic economic questions that every society must face?
What to produce How much to produce and for whom to produce LOL idk if thats right .... :)
What are the three basic questions that every economic system must answer?
In every type of economy? How about -- growth rate, employment rate, and trade balance.
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 are the three basic economic questions that every society must face?
What to produce How much to produce and for whom to produce LOL idk if thats right .... :)
What three basic economic questions must be answered by every society?
What goods and services should be produced?How should the goods and services be produced?Who should get the goods and services?
What are the three basic questions that every economic system must answer?
In every type of economy? How about -- growth rate, employment rate, and trade balance.
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 are three economic choices every society must make?
The three economic choices every society must make is what the society will produce, how it will be produced, and who will get what is produced.
How a society answers the three economic questions defines?
Shamala
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
What are three basic econmic questions?
what to produce? how to produce it? for whom to produce it?
What caused the nation to have to answer the three basic economics questions?
Scarcity of resources
