An Economic System Is

question 161

Multiple Choice

An economic system is

• A) the universe of all resources.
• B) a way to create new resources.
• C) a mechanism to allocate scarce resources.
• D) an organization that generates profits.

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Definitions:

Orangutan

A genus of great apes native to Indonesia and Malaysia, known for their intelligence, long arms, and reddish-brown hair, living in tropical rainforests.

Gorilla

A large, primarily herbivorous ape native to the forests of central Sub-Saharan Africa.

Skulls

The bony structures forming the head in vertebrates, housing the brain and serving as attachments for facial muscles.

Biological Superiority

A controversial belief asserting that some races or ethnic groups are inherently superior to others based on genetic or physical traits.