Do you know what the economy is? Have you ever imagine how it works? The economic system refers to production, allocating resources, and focusing on the distribution of goods and services, which comprises different institutions...
Questions: 27 | Attempts: 6766 | Last updated: Mar 22, 2022
What are the limitations of a Free enterprise system?
Do you know anything about the economic system? Would you be willing to try this quiz? Some of the ideas in this quiz that you should learn about including financial decisions based on what markets allow us to do, how...
Questions: 10 | Attempts: 808 | Last updated: Mar 21, 2022
Which of these is a key economic question face by countries?
There are different ways societies use to ensure that limited resources can help meet the endless needs of societies. Having an economic system ensures that one knows when, how, and who to produce to meet the requirements. Do...
Questions: 10 | Attempts: 318 | Last updated: Mar 21, 2022
1. Which is a question that nations answer when determining their type of economic system?