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Economics
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Which of the following does not need to be addressed when organizing an economy?
A. The allocation of resources.
B. The distribution of goods and services.
C. The organization of production.
D. The rules of political institutions.
 

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Sonal Bahl
Sonal BahlLv10
21 Oct 2020

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Related questions

What is the first question that needs to be answered when organizing an economy?
A. How is production to be organized?
B. What is to be produced?
C. What is the most effective allocation of resources?
D. How are goods and services to be distributed?
economics is a social science that studies how individuals, institutions, and society may:
 
a. businesses market products under competitive conditions.
b. stock and bond prices fluctuate when there are changes in demand or supply.
c. the government allocates its budget among competing political interests.
d. make choices that affect the allocation and distribution of scarce resources. 
e. high employment and low inflation levels can be maintained.
Background image

One advantage market economies have over centrally-planned economies is that market economy

a. provide an equal distribution of goods and services to households.

b. establish a significant role for the government in the allocation of resources.

c. solve the problem of scarcity.

d. are more efficient

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