Producers and consumers own the factors of production
Producers and consumers answers the question of who, what and how to produce
Voluntary trade and exchange are encouraged
What type of economic system is being described?
A) Command
B) Market
C) Mixed
D) Socialism
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Producers and consumers own the factors of production Producers and consumers answers the question of who, what and how to produce ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What was Frederick W. Taylor's background? A. psychology B. human resources management C. engineering D. physics E. operations research
Answers (1)
Who was the first president under the articles of confederation
Answers (1)
How is Congress able to limit the president's ability to influence federa legislation?
Answers (2)
Choose the best 4 answers to describe Tom Watson. Group of answer choices increased urbanization and growth of Georgia's cities.
Answers (1)
Who is the 12th president
Answers (1)
New Questions in Social Studies
What is one reason the romans decided to build rome by the tiber river
Answers (1)
Multiple Intelligence Theory explains that not everyone is 'book smart.'
Answers (1)
By which title was the Tang Dynasty ruler Xuanzong known A. the First Emperor B. the Brilliant Emperor C. the Ruler of All Men D. the Imperial Dreamer
Answers (2)
Write 5 sentences on Thomas Jefferson about 5 different thing he did in his lifetime.
Answers (1)
What do they call a person who hunts wildlife illegally?
Answers (1)