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jeyben [28]
3 years ago
10

Select the word that best fits the definition: The way goods and services are produced, distributed, and consumed in a society.

Business
2 answers:
klasskru [66]3 years ago
7 0

Answer:

The correct answer would be Economic System.

Explanation:

The economic system is a way goods and services are produced, distributed and consumed in a society. There are companies and organizations in a country who produces different product or provides different services to the people of the country. Such products are distributed to the whole seller or retailers or distributors and finally reach the consumers who buy these products by paying for it. This whole mechanism makes the economic system.

Bumek [7]3 years ago
4 0

Answer:

economy

Explanation:

The way goods and services are produced, distributed, and consumed in a society can be referred to as Economy.

I hope this helps...

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A country that has a highly specialized economy is most likely to experience
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It does not produce all the essential goods its people need would be the correct statement.

<h3>What is a specialization economy?</h3>

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4 0
2 years ago
Arreaga Corp. has a tax rate of 40 percent and income before non-operating items of $928,000. It also has the following items (g
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Answer: $324,800

Explanation:

It is a general Principle that when calculating income tax expense, that the Extraordinary loss is treated separately because it is not a usual thing.

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Taxable income = Income + Gain on disposal - Unusual loss (due to its infrequency)

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Tax expense would therefore be,

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3 0
3 years ago
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Answer:

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