Economic Systems Differ According to Which Two Main Characteristics

question 12

Multiple Choice

Economic systems differ according to which two main characteristics?

• A) Who owns the factors of production and the methods used to coordinate economic activity.
• B) The technology used in production and the quantity and quality of natural resources.
• C) How goods are produced and who gets them.
• D) The political system in place and the degree of scarcity facing the economy.

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