The Questions That an Economic System Attempts to Solve Include

question 168

Multiple Choice

The questions that an economic system attempts to solve include

• A) what to produce.
• B) how to produce items.
• C) for whom items are produced.
• D) all of the above.

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Definitions:

Organizational Goals

Objectives set by a business or organization aiming to guide its operations and determine its direction for future development.

Capabilities

The ability or qualities necessary to do something effectively; often refers to the capacities of organizations or individuals to achieve their objectives.

Job Enrichment

An effort to motivate employees by enhancing the responsibility, scope, and interest of their jobs.

Behavioural Needs

The requirements that individuals have for personal growth, recognition, and achievement in their personal or work life.