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A. What are the basic economic decisions that every economic system must make?

User BenR
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Answer:

there are 3 basic decision every economic system must make which is

1) what to produce

2) how to produce

3) For whom to produce

Step-by-step explanation:

1)what to produce: an economy

must decide whatever they want

to produce. whether books or appliances etc

2) how too produce: an economy should also

decide how the good and service should be produce

whether to use iron or copper etc

3) for whom to produce: an economy should also decide

who will consume the goods and services been produce.

User Vkurchatkin
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