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Author Question: The United States is best known as a A) pure price system. B) dictatorship. C) command and ... (Read 187 times)

khang

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The United States is best known as a
 
  A) pure price system.
  B) dictatorship.
  C) command and control system.
  D) mixed economic system.

Question 2

What is production? What economic factors are involved in production?
 
  What will be an ideal response?



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Alyson.hiatt@yahoo.com

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Answer to Question 1

D

Answer to Question 2

Production involves any activity that converts resources into goods and services that can be consumed. Production requires the use of all kinds of resourcesnatural resources, capital, and human resources, so the owners of all these resources are involved with production.




khang

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Reply 2 on: Jun 29, 2018
Excellent


kalskdjl1212

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Reply 3 on: Yesterday
:D TYSM

 

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