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3 years ago

Failure to address the three questions of economics will have what kind of impact on an economy?

Social Studies

2 answers:

m_a_m_a [10]3 years ago

6 0

C-It will have negative consequences.

mamaluj [8]3 years ago

4 0

<h2>Option C It will have negative consequences.</h2>

The three questions of economics;

What to Produce? A real command economy is about the production that is defined by a primary economic authorization. The true free market production is planned by unique preferences. Nevertheless, most states befall around within an actual command economy and a truly free market and production is concluded by a blend of fundamental preparation and personal preferences.

How to Produce? There are several methods to design a product or service of the similar essence. As a businessperson, it is necessary to possess a distinct perception of total dilemmas.

For Whom to Produce? All goods and services are invented for notable to consume. A free market, who understands the defined by capability to produce at a rate decided by supply and demand.

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