In which economic system does the government make most economic decisions
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Definition1/10
command economy
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Term1/10
Why is economics considered social science
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Definition1/10
Economics is a social science because it is the study of human
behavior when it comes to money
and how it is made and spent. Economics play a large part of all
humans personal and professional lives.
The gross domestic product is licked to both social science and
economics. Unlike natural science, social
science is used to understand society. Economics is a large part
of society and how people behave.
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Term1/10
Which factor of production directs the work flow of the other three factors
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Definition1/10
Management
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Term1/10
Which person studies the production distribution and consumption of goods and services
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Definition1/10
An Economist studies the production distribution and consumption of goods and services
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Term1/10
What happens when goods become scarce
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Definition1/10
the prices increases, and the goods become expensive.
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Term1/10
What is the most important tool for analyzing the production distribution and consumption of goods and services
🔄 Click to see definition
Definition1/10
Economic analysis is need for analyzing the production,
distribution and consumption of goods. This allows a group or
business understand what goods are the most needed and sell the
best.
🔄 Click to see term
Term1/10
Which economic system does the United States have
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Definition1/10
The US has a mixed-market economic system.
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Term1/10
In what economic system does the government own most of the factories equipment and agricultural lands
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Definition1/10
State capitalism. In Communism there is no government and no buying and selling.
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Term1/10
Which isn't included in the study of social sciences
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Definition1/10
the structure and function of human body systems, A+ answers
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Term1/10
Which of the following is an example of a business that provides both goods and services
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Definition1/10
Clothing store
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Cards in this guide (10)
In which economic system does the government make most economic decisions
command economy
Why is economics considered social science
Economics is a social science because it is the study of human
behavior when it comes to money
and how it is made and spent. Economics play a large part of all
humans personal and professional lives.
The gross domestic product is licked to both social science and
economics. Unlike natural science, social
science is used to understand society. Economics is a large part
of society and how people behave.
Which factor of production directs the work flow of the other three factors
Management
Which person studies the production distribution and consumption of goods and services
An Economist studies the production distribution and consumption of goods and services
What happens when goods become scarce
the prices increases, and the goods become expensive.
What is the most important tool for analyzing the production distribution and consumption of goods and services
Economic analysis is need for analyzing the production,
distribution and consumption of goods. This allows a group or
business understand what goods are the most needed and sell the
best.
Which economic system does the United States have
The US has a mixed-market economic system.
In what economic system does the government own most of the factories equipment and agricultural lands
State capitalism. In Communism there is no government and no buying and selling.
Which isn't included in the study of social sciences
the structure and function of human body systems, A+ answers
Which of the following is an example of a business that provides both goods and services