Answer: To meet all consumer needs
Explanation: In a socialist economy good and services are produces for direct use. Unlike a capitalist economy where goods and services are produced to earn profits. The purpose of producing goods in a socialist economy is to utilise the economy's scarce resources in a way that maximum consumer needs can be satisfied.
Thus, option D- to meet all consumer needs is the correct choice.
Triangle O’W’L’ was rotated 90 degrees counterclockwise about the origin.
Answer:
People often buy fewer goods and services
Explanation:
This is the only option that makes sense for the question. Economic slow down is marked by the movement of money slowing down. As the movement money slows people buyer fewer goods and services.
Answer:
Map of Colonial empire in 1945.
Explanation:
The map that is talked about here is the map of the colonial empire in 1945. It was the end of World War II, and there arose a conflict in export and import of goods and services between various nations. Free trade encouraged the greater mobility of goods where people might use the above-mentioned map to draw and redraw their boundaries.
