2 years ago

Defining What determines the kind of economy a nation has?

2 answers:

6 0

Answer:

What determines the kind of economy a nation has? The way that a society decides the three economic questions determines the type of economic system the society has.

Explanation:

We have to make choices because we have limited resources and a country's system helps determine how basic economic decisions will be made.The people who provide the necessary labor, skills and knowledge to produce the country's goods and services.

(happy to help)

Rufina [12.5K]2 years ago

3 0

Answer:

An economy applies to everyone from individuals to entities such as corporations and governments. The economy of a particular region or country is governed by its culture, laws, history, and geography, among other factors, and it evolves due to necessity. For this reason, no two economies are identical

Explanation:

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