Which statement best describes an economic system?(1 point)
Responses
An economic system is a set of rules and institutions that determine how goods and services are produced, distributed, and consumed within a society.
Which statement best describes an economic system?(1 point)
Responses
the method of production, resource use, and distribution of goods in a region
the method of production, resource use, and distribution of goods in a region
the network of relationships that exist between individuals and groups in a region
the network of relationships that exist between individuals and groups in a region
the way a region makes official government policies and decisions
the way a region makes official government policies and decisions
the process that people use in choosing goods and services
the process that people use in choosing goods and services
Question 6
Which