How are the three economic questions answered in a traditional economic system

Social Studies

1 answer:

Kipish [7]3 years ago

6 0

1) What goods and services should be produced?

2) How should the goods and services be produced?

3) For whom should the goods and services be produced?

You might be interested in

Explain what was the nature of the disagreement about the terms under which former, confederate states might rejoin the union af

Luba_88 [7]

The Confederates and Union had a disagreement regarding the legitimacy of the Confederacy and the abolition of the slave trade in the US. The Confederates is a group of states in the US that are known as slave states. The Confederacy was built with the notion of eliminating slavery in the US. The Union is a government in which supports slave trade in some of the states. this what it means

7 0

3 years ago

Describe a situation in which your budget was constrained and describe how your purchasing decisions would have been different i

givi [52]

One situation where you may make a different purchasing decision with a limited budget is snacks.

With a limited budget you may only purchase a small bag of potato chips. If you had a larger budget you would have purchased a can of Pringles potato chips and a drink. Your limited budget resulted in a smaller purchase than you would have made with a higher budget.

5 0

3 years ago

The accumulation of all powers, legislative, executive, and judiciary, in the same hands, whether of one, a few, or many, and wh

Gnesinka [82]

Answer: The principle of the Constitution that is being discussed in this passage is A) separation of powers.

Explanation: In The Federalist Papers, N° 47, James Madison makes reference to the importance of the separation of powers. He revises the division of powers included in the United States Constitution, which contemplates the legislative, the executive and the judicial branches. Moreover, in order to present his view, Madison resorts to the ideas of Montesquieu, who believed that separation of powers was essential to achieve liberty.

5 0

4 years ago

Presentations should use analytical appeals rather than emotional appeals.

Schach [20]

It depends on the subject matter of the presentation. If persuasion is your goal, then use emotional appeals, but if you're simply trying to present for the purpose of informing, then analytical is the way you should go.

7 0

4 years ago

A ______ administrative agency is an agency that has characteristics of both executive and independent agencies.

egoroff_w [7]

A hybrid administrative agency is an agency that has characteristics of both executive and independent agencies.

Federal executive departments (those led by a Cabinet secretary) and the Executive Office of the President do not constitute independent entities of the United States government. In a more specific sense, the term only refers to those independent agencies that, despite being regarded as members of the executive branch, have the power to regulate or make rules.

A hybrid administrative agency is one that possesses traits from both independent agencies. Each individual statutory grant of jurisdiction was established by separate statutes approved by the Congress, and each one specifies the objectives the agency must strive toward as well as what substantive areas.

To know more about independent agencies

brainly.com/question/27540179

#SPJ4

5 0

2 years ago