Society regardless of its wealth and power

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Every society regardless of its wealth and power must make certain choice s about production and distribution, specifically every society faces three basic economic decisions. What goods and services to produce and in what quantities, how to produce these goods and services or how to use economic resources ,who gets these goods and services. Briefly explain how these questions are answered in your country. How does the availability of resources in your country influence the economic decisions for individuals,organisations and government?

Reference no: EM131224598

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