Answer:
An economic system is any system of allocating scarce resources. Economic systems answer three basic questions: what will be produced, how will it be produced, and how will the output society produces be distributed?
There are two extremes of how these questions get answered. In command economies, decisions about both allocation of resources and allocation of production and consumption are decided by the government. In market economies, there is private ownership of resources—established though property rights—and the factors of production and consumption are all coordinated through markets. In a market system, resources are allocated to their most productive use through prices that are determined in markets. These prices act as a signal for buyers and sellers. Most economies are mixed economies that lie between these two extremes.
In either system, a rational agent would allocate resources and production using marginal analysis. In command economies, this is more difficult to do because without markets, prices fail at being an effective signal.
Thank you and please rate me as brainliest as it will help me to level up
My duty was to smuggle the pearls from my mom's drawer.
Answer:
Answer in bold down below! :D
Explanation:
Media sources can influence a way thinks about the world outside. They may read an article or see a post online that makes them think they are seeing the truth. They may develop a way of thinking that may make others upset. By this, fake information makes its way around everyone, shaping them to be people they aren't. Things that people see online aren't entirely correct. So be sure to know that the things you see can be beneficial to you.
Im sorry if this is wrong in any way!
Answer:
That would be the Mackenzie river because it is the largest beeing over 4000 kilometers long
Explanation:
Answer:
misdemeanor
Explanation:
Usually a crime that is not very serious
