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Economic decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
What was an effect of the termination policy?
The government cut off aid to tribal governments for services such as education and health care
List the 7 major executive branch policy areas in Ga?
Education Human Services Public Safety Transportation General Government Economic Development Natural Resources
Define the major branches of economics and their scope?
Microeconomics (or price theory) is a branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources,[1] typically in markets where goods or services are being bought and sold. Macroeconomics, on the other hand, involves the "sum total of economic activity, dealing with the issues of growth, inflation, and unemployment and with national economic policies relating to these issues" and the effects of government actions (e.g., changing taxation levels) on them
What does the state government do in Australia?
Areas of responsibility covered by the state government include:healtheducationlaw and order (state courts and police)emergency services, e.g. fire, ambulance, SESpublic transporthousingwatertourismsport and recreationenvironment and wildlife protectionroads and motor registrationmining and natural resources
When market or governments make economic decisions about what goods and services their resources will be used to make what basic economic question are they answering?
What to produce
When markets or governments make economic decisions about how to most efficiently convert their resources into goods and services what basic economic question are they answering?
The question markets or governments are answering when they make decisions about how to efficiently convert resources in to goods and services is How to Produce? This is part of a planned economy which tries to improve productivity.
When markets and governments make economic decisions what good s and services their resources will be used to make what basic economic question are they answering?
what to produce
When markets or governments make economic decision about how to most efficiently convert their resources into goods and service what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
When market governments decide how to distribute wealth money goods and services what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
What is the economic system?
The Economic System are the means by which countries and governments distribute resources and trade goods and services.
When markets or governments make economic decisions about what goods and services their resourcers will be used to make what basic economic question are they answering?
What to produce
When markets make economics decisions convert resources into goods and services?
Demand will always force markets to make economic decisions to convert resources into goods and services. Without demand. There is any reason to convert the resources.
Economic decisions involve doing what with resources to produce goods and services for people to consume?
Allocating
What basic economic questions are markets or governments about what goods and services will be used to make?
Markets and governments address three fundamental economic questions: What goods and services should be produced? How should these goods and services be produced? And for whom should they be produced? In market economies, these questions are typically answered through supply and demand dynamics, while in command economies, governments make these decisions based on planning and policy objectives. The balance between market forces and government intervention shapes the allocation of resources and production outcomes.
The means through which goods and services?
Economic Resources
What is an economic system in which government makes all economic decisions about how goods and services and produced and distributed is called?
Socialism.
