Explanation:
D. it was the turning point of the american revolution.
Answer:
Explanation:
when economic benefits are distributed uniformly across society when a society gets the most it can from its scarce resources all societies face a trade-off between equality and efficiency.
A bureaucracy is a group that enables the king to know more people. This excuse lets him have other friends help him out.
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Answer:
B. housing, transportation, and food
Explanation:
According to my research on basic economics and household spending habits, I can say that based on the information provided within the question it is housing, transportation, and food that make up three-quarters of the market basket. This is because these are the three categories that are considered necessities within a normal household. This is because housing provides shelter, food provides nutrition, and transportation provides a means of getting to work. Which are all necessities.
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Answer:
Traditional economy
Explanation:
The type of economy are the basic economic questions, "what goods to produce and how to produce them decided based on customs passed down from previous generations" is known as Traditional economy.
Traditional economy is an economic system in which traditions, customs, and beliefs help formulate the products and services that are produced by the economy, as well as the rules and manner of their distribution. Rural and farm based countries tend to use this kind of economic systems.