Question

Economic systems seek to answer what key economic questions Select all that apply. How should goods and services be produced? Where goods and services will be produced? When goods and services will be produced? What goods and services will be produced? Who will consume goods and services? NEXT QUESTION ASK FOR HELP

Answer 1

All economic systems must answer the 3 basic questions:

1. What goods and services will be produced

2. How will the goods and services be produced?

3. Who will consume the goods and services?