The Key Difference Between Economic Systems Is the Different Ways

question 39

Multiple Choice

The key difference between economic systems is the different ways in which they manage ________.

• A) the factors of production
• B) the transportation of goods within their borders
• C) government rules and regulations
• D) the payment of workers

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Definitions:

Highly Engaged

Deeply involved, committed, or interested in a particular activity, cause, or work.

Personal Life

Aspects of an individual's life that are primarily personal, such as family, friendship, hobbies, and interests, outside of professional or public duties.

Productivity

The effectiveness of productive effort, especially in industry, measured in terms of the rate of output per unit of input.

Promoted

The action of elevating an employee to a higher position or rank within an organization, usually accompanied by increased responsibilities and pay.