WitrynaEconomic Theories DBQ Learning Target: I can use evidence to support a claim that answers the question: Which economic system (Capitalism (Smith) or Communism (Marx)) is the most beneficial for a society in the process of industrialization? Adam Smith liked the changes happening during industrialization. He said that people motivated … WitrynaWhich of the following is a fundamental question that an economic system must answer?

Chapter 2: Economic Systems Flashcards Quizlet

Witrynaa. Identify the three basic economic questions every society must answer. i. _____What to produce?_____ ii. _____How to produce?_____ iii. _____For whom to … Witryna26 kwi 2024 · Traditional Economy Definition. In traditional economies, fundamental economic decisions, such as the production and distribution of goods and services, are determined by tradition and societal needs rather than by their potential for monetary profit. People in societies with traditional economies typically trade or barter instead of … convert all column values to lowercase pandas

Chapter 2, Section 1: Economic Systems Flashcards Quizlet

Witryna19 mar 2024 · Economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated. This is also known as an economic system. WitrynaThe way a society answers the three economic questions The method used by a society to produce and distribute goods and services. Traditional System. A system in which economic activity is based on customs and traditions; Economic roles are typically passed down from one generation to the next; Subsistence agriculture; Bartering. WitrynaWithout government control there would be no laws to... (Choose 2). answer choices. make sure goods/services were safe. protect workers from unfair bosses. give … fall out boy uk store