Homework Help: social studies

Posted by Reed on Tuesday, October 30, 2012 at 11:25pm.

Can you help me? I am stumped! We are supposed to use our book to fill in the answers. This is the questions I need your help with
1. A (n) is a state's or a country's system of producing, and consuming goods and services.
My answer is economy, but our book has three different kinds of economy - traditional, command, and market. Should it be one of these?
2. requires that people's needs and wants be balanced against limited resources. My answer is Scarcity

social studies - Ms. Sue, Wednesday, October 31, 2012 at 12:18pm
Yes, it's economy. Scarcity is also correct.

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