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KATRIN_1 [288]
3 years ago
11

What are economic systems, and how do they differ?

History
1 answer:
Dafna11 [192]3 years ago
7 0

An economic system consists of the institutions and the method by which resources are allocated and products and services are distributed. Economic systems differ primarily in who owns the factors of production, how the allocation of resources is directed and the method used to direct economic activity.

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hope this helps
5 0
4 years ago
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Matching: Congress was unable to fix these economic issues because they did not have which powers?
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Answer:

Each state only had one vote in Congress, regardless of size.

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Bleeding Sumner further heightened tensions that already existed between the North and South. The attacks also demonstrated violent and degrading behavior in the South that led up to the Civil War.
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