An economic system is the organizations and methods used to determine:
A) what goods and services are produced.
B) how goods and services are produced.
C) for whom goods and services are produced.
D) all of the above.

Question

Quizplus · Accepted Answer

An economic system determines all three factors: what goods and services are produced, how they are produced, and for whom they are produced.

An Economic System Is the Organizations and Methods Used to Determine