1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
FrozenT [24]
3 years ago
6

How does a Free Market Economic System answer the 3 questions, What? How? and for Whom

History
1 answer:
ziro4ka [17]3 years ago
6 0

Answer:

What to produce ? Good:(something tangible that one pays to consume)

Consumer goods ( bought and used by consumers)

Capital Goods (used in the production of other goods)

Service (worker or labor that is performed of other goods)

How to produce ? Factors of production/Productive Resources 1. Natural Resource/Land 2. Human Resources 3. Physical capital 4. Entrepreneurship

For whom to Produce ? Countries develop economic systems to determine how to allocate scarce resources

You might be interested in
...................................................
Olin [163]

Answer: number 1 is 8.5 million    number 2 is 5.3 million     number 3 is about 86 years

Explanation:

8 0
4 years ago
Which of the following directly contributed to the changes between 1872 and 1876 shown in the presidential election maps? A. Red
Dominik [7]
Women’s suffrage would be the correct anwser
6 0
3 years ago
Which historical event best demonstrates when Hitler successfully overthrew of the Treaty of Versailles?
ololo11 [35]

Answer:

The best example of that is when Hitler occupied Rhineland, which was an area that was demilitarized after war ended and the peace treaty in Versailles was signed. Still, European countries practically didn't react to this act.

Explanation:

After Nazis gained power in Germany, they started publicly announcing that they will denounce the Treaty of Versailles. The first step in that direction was the occupation of Rhineland. But the Nazis didn't stop there. Before WW2 started, Germany decided to occupy some other regions, and great powers in general again didn't prevent that.

8 0
3 years ago
Which explains why the Phoenicians developed a currency? (4 points)
dedylja [7]

Answer:

1. They needed a fair way to trade with other regions.

2. They used to trade with goods but that way of bartering became very confusing, so they created a currency to simplify this.

3. This use of currency could save time and energy for citizens who used to have to lug around heavy carts full of livestock or luggage.

4. The Ancient Phoenicians culture was based around the bartering and trade system. While this was fine for the time being the Phoenicians soon had a need for a modernized value. This is where the coin was brought into play which created a needed symbol of hard work and time spent.

Explanation:

Hope this helped you out and good luck with your studies! :)

6 0
3 years ago
In Eastern Europe after World War I, the greatest obstacle to national unity in many nation-states was the
Ymorist [56]
Great ethnic diversity found in the region
6 0
3 years ago
Other questions:
  • How did Southern States keep Black Americans from voting?
    13·1 answer
  • However, the battle halted Lee's plans to invade the North for the time being
    10·2 answers
  • Which of the following best characterized how the maya civilization was conquered
    9·1 answer
  • A historian's interpretation of a subject should
    11·2 answers
  • What made this style of fashion controversial on the 1920s?
    15·1 answer
  • 1-4 in Oder? ‍♀️I have no clue I been doing this packet for hrs please help ‍♀️
    13·1 answer
  • The 10th amendment protects the powers of the judicial system the legislative branch of federal government state government
    8·1 answer
  • What river forms the border with Oklahoma
    5·2 answers
  • How did trade affect the development of mesoamerica
    8·2 answers
  • Determine whether the following items describe the ideals of the Union or the Confederacy.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!