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What is an economic system?
The term "economic system" refers to the way in which the decisions about producing goods and services are made within a given society and the rules that govern distribution of those.
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Asked 4/25/2012 4:52:30 AM
Updated 11/27/2015 12:15:26 AM
1 Answer/Comment
Edited by
yumdrea
[11/27/2015 12:15:26 AM]
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What is an economic system?
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yumdrea
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The term "economic system" refers to the way in which the decisions about producing goods and services are made within a given society and the rules that govern distribution of those.
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Added 11/27/2015 12:15:25 AM
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Money
Weegy:
Hello,what would you like to know about money?
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Updated 7/10/2014 1:59:42 PM
1 Answer/Comment
8
yumdrea
M
Money is any object or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.
Added 7/10/2014 1:59:42 PM
This answer has been confirmed as correct and helpful.
Where a commodity takes an insignificant proportion of the consumers income demand for it will be
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Not Answered
Updated 3/31/2018 1:20:47 PM
1 Answer/Comment
8
emdjay23
Where a commodity takes an insignificant proportion of the consumers income demand for it will be fairly elastic.
Added 3/31/2018 1:20:47 PM
This answer has been confirmed as correct and helpful.
Confirmed by
jeifunk
[4/1/2018 9:40:40 AM]
What is money?
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Updated 5/10/2016 2:39:44 AM
1 Answer/Comment
8
emdjay23
MONEY is a current medium of exchange in the form of coins and banknotes.
Added 5/10/2016 2:25:21 AM
This answer has been confirmed as correct and helpful.
Confirmed by
yumdrea
[5/10/2016 2:27:34 AM]
What is economic activities ?
Weegy:
The economic activities are the set of activities realized by the human beings to satisfy his needs.
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Question
Updated 12/19/2014 9:54:42 AM
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