SSC
WORLD HISTORY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An ____ is how people use their resources to meet their needs. It is how people make, distribute and use goods and services.
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economic system
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government
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religion
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agricultural practice
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Explanation:
Detailed explanation-1: -Economic systems can be categorized into four main types: traditional economies, command economies, mixed economies, and market economies.
Detailed explanation-2: -Definition of Economics – Economics is a social science subject that guides the allocation of scarce resources to meet unlimited needs and wants of a given society.
There is 1 question to complete.