The Decision About What Goods and Services Will Be Produced

question 84

Multiple Choice

The decision about what goods and services will be produced in a market economy is made by:

• A)lawmakers in the government voting on what will be produced.
• B)workers deciding to produce only what the boss says must be produced.
• C)producers deciding what society wants most.
• D)consumers and firms choosing which goods and services to buy or produce.

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Definitions:

Targeted

Specially chosen or selected for a specific purpose, often implying focused attention or action.

Serial Killers

Individuals who commit a series of murders over a period of time, often with a characteristic pattern or method.

Insane

A term historically used to describe severe mental disorder or illness, often implying a detachment from reality, but considered outdated and stigmatizing in modern contexts.

Death Penalty

A governmental sanction where a person is put to death by the state as punishment for a crime.