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Q: Why do people produce goods and services?
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Related questions

In which type of society do people have specialized jobs and exchange goods and services they produce for goods and services produced by other people?

complex


Who do trade links affect?

Working people who produce goods and services


What is a society in which people have specialized jobs and must exchange goods and services they produce for goods and services produced by other people?

A free market society.


What are the four basic questions of economy?

What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?How will the system accomodate change?


What Three question every economy must answer?

What goods and services will be produced?How will the goods and services be produced?Who will get the goods and services?


What are the three main kinds of resources and how is each one define?

The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.


What do economic decision involves with resources to produce goods and services for people to consume?

Allocating


What do you call people who use resources to produce and sell goods and services?

merchants I am assuming


Do you believe Grenada resources is utilizing to produce goods and services?

i think there goods and services are excellent!!


Who determines what goods to produce in the economy?

It is the demand and supply which determines the goods and services to produce in the economy.


What is a system that sets rules for how people decide what goods and services to produce and how they are exchanged?

Econcomic System


Economics decisions involve doing what with resources to produce goods and services for people to consume?

Allocating