Answer: An economic system is a means by which societies or government organize and distribute available resources, goods and services across a geographical location. There are varieties of economic system in use throughout the world today. Example of some of them are capitalism, socialism, communism, etc.
An economic system is an economic order, a system of production, resource allocation and distribution of goods and services within a defined territory. It involves the corporation of the various institutions, agencies, entities , decision making processes. All economic structure are based on three different questions, which are what to produce? How to produce ? and for whom to produce? . Economic system involves how these agencies and institutions are linked together and how informations flows between them.
Answer:
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Explanation:
A. Egypt's 25th dynasty
Centered on its original capital at Napata, the Nubian ruling dynasty continued to flourish militarily and economically through the ninth century B.C. Around 730 B.C., the Nubianking, Piye, successfully invaded and conquered Egypt, extending his control to the whole Nile Valley
The answer is D.
Factor production that could be changed during particular period is called Variable Factor of Productions.
Basically, factor of productions is divided to fixed and variable factor.
FIxed factors are the one that will always stay the same no matter how many products you made. For example electricity cost, building rent, etc
The variable factors differ depend on how product you produce, such as raw material.
Foaming and rugged. Foaming is describing the waterfall, and rugged is describing the mountainside
