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MrRa [10]
3 years ago
14

1. Which statement best describes an economic system? (1 point)

Geography
1 answer:
trapecia [35]3 years ago
4 0

An economic system is the method of production, resource use, and distribution of goods in a region.

<h3>What is an economic system?</h3>

An economic system is a process or method in which societies or governments distribute and organize resources, goods, and services that are available within a society.

It involves working together with various agencies to build an economic system.

Therefore, an economic system is the method of production, resource use, and distribution of goods in a region.

Learn more on economic system here

brainly.com/question/3161916

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