The Decision About What Goods and Services Will Be Produced

question 81

Multiple Choice

The decision about what goods and services will be produced made 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.
• E)consumers dictating to firms what they need most.

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Definitions:

Rough-And-Tumble Play

Social interaction involving chasing and play fighting with no intent to harm.

Aggression

Behavior intended to harm or intimidate others, which can be physical, verbal, or psychological.

Play Face

A facial expression often observed in primates, including humans, indicating a desire to play, characterized by open mouth and relaxed features.

Children's Conceptions

Refers to the ways children understand and interpret the world around them, which evolves with age and experience.