Which is one of the five fundamental questions that need to be dealt with in any economic system? what makes the rate of unemployment low? who will be the richest group in the economy? what goods and services will be produced? how high should the prices of goods and services be?

Question

Giovanna Shields

Business

12 December, 13:02

Which is one of the five fundamental questions that need to be dealt with in any economic system? what makes the rate of unemployment low? who will be the richest group in the economy? what goods and services will be produced? how high should the prices of goods and services be?

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Answers (1)

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Brooklyn Short · Answer 1

The answer is " Why should the goods and services be produced?"

Before products and ventures can be circulated to family units and devoured, they should be created by somebody, or by some business or association. In the United States and other market economies, exclusive firms deliver most products and ventures utilizing an assortment of methods.