Societies make decisions about what goods should be produced by:

A. Giving citizens unlimited resources to fulfill their wants.
B. Reducing the total factors of production needed to make goods.
C. Organizing limited resources to meet citizens' wants and needs.
D. Guaranteeing that all entrepreneurs make a profit.

Question

12-06-2024
Social Studies

Answered

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Societies make decisions about what goods should be produced by:

A. Giving citizens unlimited resources to fulfill their wants.
B. Reducing the total factors of production needed to make goods.
C. Organizing limited resources to meet citizens' wants and needs.
D. Guaranteeing that all entrepreneurs make a profit.

Sagot :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-06-12T13:45:08-04:00

Final answer:

Societies decide what to produce by allocating limited resources efficiently to meet citizens' wants and needs.

Explanation:

Societies make decisions about what goods should be produced by organizing limited resources to meet citizens' wants and needs. This involves choosing how to allocate resources efficiently to satisfy the demands of the population. Resources are directed towards producing goods and services that are most desired and needed by the society.

Learn more about Resource Allocation here:

https://brainly.com/question/34935128

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Final answer:

Explanation:

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