clc.blackboard.com GO. It's HBO. QUESTION5 s the following characteristic for a planned or market system Private Ownership of resources O Planned Market QUESTION 6 Explain how the folowing events affects the location of a country's production possibilitios curve: The quality of education increases. O Increase Decrease O No Change QUESTION 7 Explain how the following events affects the location of a country's production possibilities curve: Resources are being underutlized O Increase Decrease No Change QUESTION 8 Explain how the following events affects the location of a country's production posaibilities curve: A devastating earthquake destroys numerous production facilitios Increase Decroase No Change