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Factors of Production: Basic Economic Questions (system) Traditional Economy (system) Command Economy (system) Market Economy What to produce and how much to produce? How to
Factors of Production: | |||
Basic Economic Questions | (system) Traditional Economy | (system) Command Economy | (system) Market Economy |
What to produce and how much to produce? | |||
How to produce it? | |||
For whom to produce? | |||
Who owns and controls the factors of production? | |||
Example Countries |
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