The distribution of goods and services to meet human needs and wants B. a social institution responsible for the production, distribution, and consumption of goods and services C. an organization that produces and distributes goods in a society D. a social institution that helps people to explain the meaning of their lives

Answers

Answer 1

Complete Question:

Which is the correct definition of an economy?

Group of answer choices.

A. the distribution of goods and services to meet human needs and wants

B. a social institution responsible for the production, distribution, and consumption of goods and services

C. an organization that produces and distributes goods in a society

D. a social institution that helps people to explain the meaning of their lives

Answer:

B. a social institution responsible for the production, distribution, and consumption of goods and services

Explanation:

An economy can be defined as a social institution responsible for the production, distribution, and consumption of goods and services.

Generally, Economics can be classified into two (2) categories, namely;

1. Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.

2. Microeconomics can be defined as the study of the effect of price and quantity levels through interactions between individual buyers and sellers in various markets.

Hence, it is focuses on analyzing or evaluating the decisions of consumers (buyers) and those of firms (sellers) such as methods of production, pricing; and the manner in which government policies affect those decisions.


Related Questions

Per the 25th Amendment, when the president becomes temporarily disabled, __________.

Answers

Answer:

D - S/He must submit a letter to Congress advising of the temporary condition before the vice president assumes the presidency

Explanation:

Answer:

answer is D. he or she must submit a letter to Congress advising of the temporary condition before the vice president assumes the presidency

Explanation:

took the test.

how do you think food allocation may have contributed to World War II?

Answers

Answer:

World War II

World War IIRestrictions on imported foods, limitations on the transportation of goods due to a shortage of rubber tires, and a diversion of agricultural harvests to soldiers overseas all contributed to the U.S. government's decision to ration certain essential items.

World War II The U.S. government decided to ration some basic supplies as a result of restrictions on imported foods, transportation restrictions brought on by a lack of rubber tires, and the diversion of agricultural harvests to soldiers serving abroad.

What do you know about World War II?

The Second World War, sometimes known as World War II or just World War II, lasted from 1939 to 1945 and was a global battle. The vast majority of the world's nations, including all of the great powers, participated in combat as members of the Allies and the Axis, two diametrically opposed military coalitions.

The line between civilian and military resources was blurred as many parties pushed their economic, industrial, and scientific powers behind this all-out conflict. The strategic bombardment of cities and the delivery of the only two nuclear weapons ever used in battle were both made possible by aircraft.

Learn more about World War II, from :

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Which estate liked the ideas of John Locke and the Enlightenment?

Answers

Answer:

In political theory, or political philosophy, John Locke refuted the theory of the divine right of kings and argued that all persons are endowed with natural rights to life, liberty, and property and that rulers who fail to protect those rights may be removed by the people, by force if necessary.

Explanation:

Have a good day

Based on the Court's decision in the Endo case, on what grounds might other Japanese Americans have successfully sued for their release from the evacuation centers?

Answers

Answer:

On the basis of the fact that they were loyal citizens of America.

Explanation:

Mitsuye Endo an American citizen of Japanese origin was among the other Japanese citizens taken to relocation camps after the Pearl Harbor attack by Japanese forces in December, 1941. Endo contested her detention by a writ of habeas corpus. She stated that her liberty was taken away from her even though she was a law-abiding citizen of the United States.

When the matter got to the supreme court in 1944, Justice William O. Douglas stated in his opinion of the court that the War Relocation Authority was exceeding its boundaries by detaining citizens who were concededly loyal to the United States.

What measures did the U.S. government take to prepare americans for war

Answers

Answer:

The U.S. prepared for war by first building- up the military in readiness for deployment, by initiating a draft. President Woodrow Wilson sought Congress support in the declaration of war against Germany. ... The government raised income taxes to sustain financial support for the war.

Explanation:

!!PLEAS HELP ASAP!! I WILL GIVE U BRAINLYEST!!

What are two reasons the U.S. hesitated to annex Texas for 9 years?

!!plss just help me :((!!

Answers

Answer: They had more nuclear

power and more population, and the president needed that population to win election.

Explanation:

The treaty of guadalupe

Answers

Answer:

signed on February 2, 1848, ended the war between the United States and Mexico

Mexico ceded 55 percent of its territory, including parts of present-day Arizona, California, New Mexico, Texas, Colorado, Nevada, and Utah, to the United States.

Explanation:

Which of the following is a way for states or local governments to raise revenues immediately?
A raise the sales tax
B. raise the property tax
C. raise the state income tax
D. raise the corporate income tax
Please select the best answer from the choices provided
A
B
D

Answers

Answer:

A. Raise the sales tax.

Explanation:

Sales tax is the amount of money that producers need to pay to the government every time they make a sale of their product. Since sales related to the income that the company generated, companies will always tried to increase their sales as high as they can.

Since sales tax is taken from the percentage of the sales, the amount of revenue that the government can take will also increase as the companies make more sales.

This is why increasing sales tax is considered an effective method if the government wanted to raise their budget immediately.

Answer:

It's A I just did the test

Explanation:

North Korea would be an example of a? (SELECT ALL THAT APPLY)

- dictatorship
- monarchy
- autocracy
- oligarchy
- democracy
- republic

Answers

dictatorship i’m pretty sure

When was the first Shogun?

Answers

Answer:

Aug 21, 1192

Explanation:

It was on August 21, 1192

After soldiers returned from the Holy Crusades in the Middle East, there was a dramatic increase in the desire for goods and spices from Asia.

Why? Explain below.

Answers

Answer:

increasing demands for spices and goods.

Explanation:

The Middle East introduced to items and goods which were new to Europeans. Muslims introduced silk, spices, textiles, carpets also foods like sherbet, fruits, sugar, coffee, and rice. The introduction of new goods like textiles, sailing compasses, carpets, and wooden furniture helped increase trade with the East.

Railroads used secret low rates to lure big-shipping customers by offering them cash-back payments called

Answers

Answer:

???

Explanation:

Answer:

c

Explanation:

Why was the Hartford Convention ineffective?
O The Federalists had increased their political power
O Congress deemed the convention illegal
O The war ended before the delegates could reach Washington
O Their political rivals accused Federalists of supporting England

Answers

Answer:

The Hartford Convention. was ineffective because the war ended before the delegates could reach Washington.

I don't know if its right, but Good luck

Was America great for African Americans during the 1877-1910?

Answers

American has never been great for African Americans.But to answer your question no during 1877-1910 it wasn’t great.

Which term is defined as the division of political authority among branches of government?

federalism


separation of powers


joint chiefs of staff


executive privilege

Answers

Answer:

Separation of powers

Explanation:

Separation of powers is the term given for the division of political authority among the three branches of government: executive, legislative, and judicial. It was first coined in the United States under the Constitution.

HELP MEEE: why America's first political parties formed?

Answers

Answer:

Explanation:

tbh i think so Political factions or parties began to form during the struggle over ratification of the federal Constitution of 1787. Friction between them increased as attention shifted from the creation of a new federal government to the question of how powerful that federal government would be.

does anyone watch danganronpa :>

Answers

I love  Danganronpa, I dont watch it tho, I play da games

11037

How did the provision above most influence the American system of government?​

Answers

Answer:

b

Explanation:

what was the glorious revolution​

Answers

The global revolution is a common issue for people who are not interested in reading their books

How did hunters and gatherers survive for thousands of years using only primitive tools?

A. They developed a language to help them work with together
B. They did use tools for hunting
C. Only small animals, which were easy to hunt, lived during this time
D. It stopped them from building temples for their gods.

Answers

Answer:

it is C we just learned about this in class the another day

1. What does it take to be a US
citizen? What is the process of
becoming a citizen if you were not
born here?

Answers

Answer:

There are four fundamental ways to obtain U.S. citizenship: citizenship by birth in the U.S., citizenship through derivation, citizenship through acquisition, and citizenship through naturalization. Most immigrants in the United States become citizens through the naturalization process. An average of almost one million permanent residents apply for naturalization each year.

Explanation:

Hope this helps


5. The following are examples of non-print media EXCEPT:
a. internet b. journal
c. radio
c. television​

Answers

Answer:

B. Journal

Explanation:

Non-print media is media that is not printed on paper, such as the internet, radio, and television. Print media are mediums that are printed on papers, such as books, magazines, newsletters and journals.

Answer:

b. journal

Explanation:

The internet, radio, and television are all non-printed things. A journal is printed. It is an exception to the non-print media category. Mind blown. *Explosion noises*

Brainliest ploz :D

Hieroglyphics is to Egypt as
___is to India
A.Cuneiform
B. Sanskrit
C.Alphabet
D. Vedas

Answers

Answer:

A-Cuneiform :D

Explanation: G'day mate!

P.S-Brainlest??

Whose statue was built inside the Parthenon ?

Answers

Answer:

Athena Parthenos

Athena Parthenos (Ancient Greek: Ἀθηνᾶ Παρθένος) is a lost massive chryselephantine (gold and ivory) sculpture of the Greek goddess Athena, made by Phidias and his assistants and housed in the Parthenon in Athens; this statue was designed as its focal point.

Answer:

Inside of the Parthenon is the statue Athena Parthenos, a statue of the greek goddess Athena.

Explanation:

Which best describes the work of Washington Irving? He created Rip Van Winkle and the Headless Horseman. He was a painter who exemplified the Hudson River School style. He wrote song-like poems celebrating the common man. He wrote novels that celebrated American Indian culture.

Answers

The statement that best describes the work of Washington Irving is -"he created rip van winkle and the headless horseman". Thus, option first is correct.

Who was Washington Irving?

Washington Irving was an early nineteenth-century American short-story author, essayist, biography, historian, and diplomat. His fictions "Rip Van Winkle" and "The Legend of Sleepy Hollow," both of which featured in his book The Sketch Book of Geoffrey Crayon, Gent, are his most well-known works.

Despite being heavily influenced by European writing, particularly German tales, Irving's style is all his own. Irving's use of imagery - using words to paint a picture in the reader's imagination to build extended descriptions of the American environment - distinguished his work from that of European writers.

"He invented Rip Van Winkle and the Headless Horseman," is the finest way to summarize Washington Irving's work. As a result, option one is correct.

Learn more about Washington Irving here:

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Answer:

It's A

Explanation:

on egde

who invaded Ireland and passed laws against the Irish Catholics?

Answers

Answer:

Cromwell invaded Ireland with his New Model Army on behalf of England's Rump Parliament in August 1649. Following the Irish Rebellion of 1641, most of Ireland came under the control of the Irish Catholic Confederation.

Explanation:

Hope This Helped! <3

On this site you will find the text of those Penal Laws which were passed in Ireland during the reigns of William and Mary, William III, Anne, and George I and II, that is to say, from 1691 to 1760. In addition, the site contains certain English statutes relating to the status of Irish Catholics.

**Due soon, please help!**

What was the result of Ethan Allen’s decision to go ahead with the siege of Fort Ticonderoga despite not having all his men?

Answers

Answer:

The first win for the revolutionary army

Explanation:

The siege of Fort Ticonderoga was actually a surprise attack and lead to the first win for the Revolutionary army. it served as a huge moral booster and also provided key artillery for the Continental Army. The artillery would then be used for a later assault on Boston that lead to another victory for the revolution.

List three important lessons you learned from the story of the conquest of Mecca

Answers

The conquest of Mecca was the conquering of the town of Mecca by Muslims led by the Islamic prophet Muhammad in December. The conquest marked the end of the wars between the followers of Muhammad and the Quraysh tribe.
Today, in the holy month of Ramazan, we should promise ourselves that we will adopt a peaceful approach in our lives at any cost and never ever indulge in taking revenge. We must understand that God never disappoints anyone who puts his/her trust in Him. Therefore, we should carry on our struggle for good cause and never become hopeless over the vicious tactics adopted by our opponents.

is it important to have a peaceful transition of power in order to ensure democracy? Why or why not?( if u can watch the video and will be marked brainist or wtv its called)

Answers

Answer:

Yes, it is very important. Peaceful transition of power has been a tradition in the United States since the first President, George Washington, who had so much influence and power, that could have easily become a dictator, decided to step out and transfer the presidential power to his successor.

Peaceful transition of power is a pillar of U.S. Democracy because it is perhaps the most important tradition that defines democracy in the U.S. Without peaceful transition of power, there is not a democracy, but an autocracy.

How did confidence impact the presidential election of 1980?

A. Many Americans felt that while Reagan was confident, Carter was not.
B. Many Americans felt that while Carter was confident, Reagan was not.
C. Many Americans were confident that President Carter would turn the economy around.
D. Many Americans were confident that Reagan would establish more government programs.

Answers

Answer:

Many Americans felt that while Reagan was confident, Carter was not.(A)

Explanation:

Just took it on edge!

Answer:

A

Explanation:

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