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crimeas [40]
3 years ago
7

What are three basic questions economic systems answer?

Social Studies
1 answer:
ollegr [7]3 years ago
8 0
The three basic economic questions are:
What goods and services should be produced?
- biased on supply and demand and on the amount of resourses to crate that good or service
How should the goods and services be produced?
- depends on the quality of the product and weather or not there is enough materials to make product
For whom should the goods and services be produced?
-whoever needs or wants them. Law of supply and demand.

~~Baisically all the answers to this question depend on the good or product and the people who need them.
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Band is usually a small group in which the members are related to each other is one way or another. On the other hand, a tribe is usually a large group with over 50 people an comprises of more than one bands. A tribe has a formal council or other form of leadership that constitutes of the elders from different bands. Tribes are often based on common political, cultural, religious or language grounds. Based on the definitions of band and tribe, it can be seen that only the option stating tribes have formally organized institutions (meaning a council or more than one councils for domestic and warfare maters) that unite scattered communities (multiple bands) is actually correct.

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The correct option is C.

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