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What type of economy best fits this description The basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit?
Wiki User
∙ 10y ago
Mixed Capitalism
Wiki User
∙ 10y ago
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The basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit.?
Socialism (A+)
In a socialist economy how are the basic problems of scarcity and allocation of limited resources addressed?
By production for use or need.
What describes The basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit?
Socialism
What type of economic model fits this description The basic problems of scarcity and allocation of limited resources are solved by production for the use or need rather then production for profit?
You need to answer this question because we don’t do homework and your teacher is looking for your critical thinking skills and how well you understood the lesson.
What statement does not describe a market economy?
The problems of scarcity and allocation of resources are addressed by production for use or need rather than productio for profit.
The basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit.?
Socialism (A+)
In a socialist economy how are the basic problems of scarcity and allocation of limited resources addressed?
By production for use or need.
What describes The basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit?
Socialism
What type of economic model fits this description The basic problems of scarcity and allocation of limited resources are solved by production for the use or need rather then production for profit?
You need to answer this question because we don’t do homework and your teacher is looking for your critical thinking skills and how well you understood the lesson.
What statement does not describe a market economy?
The problems of scarcity and allocation of resources are addressed by production for use or need rather than productio for profit.
Which economic theory states that the basic problems of scarcity and allocation of limited resources are solved by production for use or need rather than production for profit?
For A+ : Socialism
What are some economics problem?
Economic problems relate to production of goods and services for consumptions with the scarcity of resources and the choices with the allocation of the available resources for production.The modern theory looks into the problem of level of income and employment,investment,savings,production and consumption including exports.
How managers solves the problems of choices and allocation of resources?
They see the steps of a nomadic lifestyle to conquer there problems.
What are the social values of insurance?
- facilitate the rational allocation of resources - competition among the industrials can be contributed - help on the stabilization of the production and social status - the foundation of credibility - solve the consistent of the social problems
Which does not describe a market economy?
The problems of scarcity and allocation of resorce are addressed by production for use or need rather than production for profit A+
Why community have problems?
Communities tend to encounter problems due to disagreements about the allocation of resources. Different sectors of the community will have different ideas about how to run matters, leading to problems.
Which interaction focus on problems with resources?
The interaction that focuses on problems with resources is typically referred to as a resource constraint. It occurs when there is a scarcity or limited availability of resources necessary to meet demand or complete a task. This can lead to challenges in achieving goals and may require alternative solutions or prioritization of resource allocation.
