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Mazyrski [523]
3 years ago
13

In a least 150 words answer the following question. Which of the three economic systems (market, planned, and mixed) do you beli

eve address the issue of scarcity the best? Give two examples of why this system is superior to the other choices
History
1 answer:
Vedmedyk [2.9K]3 years ago
5 0

Scarcity is the fundamental challenge confronting all individuals and nations. We all face limitations... so we all have to make choices. We can't always get what we want. How we deal with these limitations—that is, how we prioritize and allocate our limited income, time, and resources—is the basic economic challenge that has confronted individuals and nations throughout history. Hope this helps :D

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The Bill of Rights
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3 years ago
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It is true

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It was not good for the U.S.

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FromTheMoon [43]
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