A Society Must Make Three Sorts of Decision: What Goods

question 37

True/False

A society must make three sorts of decision: what goods to produce, how to produce them, and how to distribute them.

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Definitions:

Network

A group of interconnected computers, servers, and other devices that can communicate and share resources with each other.

Fetch

The act of retrieving data from a database or another digital repository.

Application

Software designed to perform a group of coordinated functions, tasks, or activities for the benefit of the user, ranging from productivity to entertainment.

Software

Programs and operating information used by a computer.