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Which forces play the greatest role in determining the distribution of goods and services in a free market economy?
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What are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
Define economic system?
is the system of production,distribution and consumption of goods and services of an economy
How would you describe an economy that uses it resources to make the greatest possible number of a good and services?
Efficient.
What do you mean by an economy?
An economy (or the economy) is the realized economic system of a country or other area. It includes the production, exchange, distribution, and consumption of goods and services of that area. The study of different types and examples of economies is the subject of economic systems.
What does macroeconomics deal with?
The production and distribution of goods and services as seen from the perspective of a government or other controlling body who can take in the whole picture of the national economy.
What is econnomics?
Economy is the distribution of goods, services, and money. Economics is the study of the economy.
What are the production distribution and consumption of goods and services?
An economy is a system for producing goods and services.
Define economic system?
is the system of production,distribution and consumption of goods and services of an economy
Activities related to the production and distribution of goods and services in a particular geographic region?
Economic activities are related to the production and distribution of goods and services in a particular geographic region.
What Activities related to the production and distribution of goods and services in a particular geographic region.?
This is called an economy.
What does economic gives?
Economic gives the understanding of the processes that govern the consumption, products and distribution of goods and services in an economy.
How would you describe an economy that uses resources to make the greatest possible number of goods and services?
Efficient.
How would you describe an economy that uses it resources to make the greatest possible number of a good and services?
Efficient.
Traditional economy coutries?
What type of Government is in control in a traditional,command and market economy? Who controls the resources? Distribution of goods and services? Controls productions? What are the negative affects on society? Benefits to society for each form of economy?
What do you mean by an economy?
An economy (or the economy) is the realized economic system of a country or other area. It includes the production, exchange, distribution, and consumption of goods and services of that area. The study of different types and examples of economies is the subject of economic systems.
What does macroeconomics deal with?
The production and distribution of goods and services as seen from the perspective of a government or other controlling body who can take in the whole picture of the national economy.
What is the difference between a mixed economy and a market economy?
A mixed economy is a combination of communist, market and traditional economies. A market economy basically has free reign over the production and distribution of goods and services.
