an economic system answers which set of three questions? what will we produce? how will we produce it? who…
an economic system answers which set of three questions? what will we produce? how will we produce it? who gets it? what will we buy? how will we buy it? who will buy it?
Answer
Brief Explanations:
In economics, an economic system addresses what goods and services to produce, the production methods, and the distribution of output. The questions about production - what to produce, how to produce, and who gets the output - are fundamental to economic systems. The set about buying is not the core set of questions for an economic system.
Answer:
What will we produce? How will we produce it? Who gets it?