Economic Systems Differ from One Another Based on Who Own

question 44

Multiple Choice

Economic systems differ from one another based on who own the factors of production and:

• A) How much resources are available in the economy and where they are located
• B) Who make decisions regarding what to produce and how it is produced
• C) What kinds of products are produced in the economy and how plentiful they are
• D) How big the population is, and the makeup of the population

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Definitions:

Monitored

Being observed, recorded, or checked continuously for a specific purpose, such as to ensure safety, to measure progress, or to comply with regulations.

Enforced

Implemented or applied by authority, often referring to laws, rules, or policies that are compelled to be followed.

Global Environmental Security

Efforts and policies aimed at protecting the global environment to ensure the health and safety of the planet and its inhabitants.

Food Security

The state in which all people at all times have physical, social, and economic access to sufficient, safe, and nutritious food that meets their dietary needs and food preferences for an active and healthy life.