15 Questions
What does an economy encompass?
An economy encompasses the production, distribution, trade, and consumption of goods and services.
What are the main factors involved in a given economy?
The main factors involved in a given economy are culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources.
Who are the economic agents in a given economy?
The economic agents in a given economy can be individuals, businesses, organizations, or governments.
When do economic transactions occur?
Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency.
What is the economic domain?
The economic domain is a social domain of interrelated human practices and transactions that does not stand alone.
What are the main factors involved in a given economy?
Culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources.
Who can be the economic agents in an economy?
Individuals, businesses, organizations, or governments.
When do economic transactions occur?
When two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency.
How is an economy defined?
As a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use, and management of scarce resources.
What is the economic domain?
A social domain of interrelated human practices and transactions that does not stand alone.
What does an economy encompass?
Production, distribution, trade, and consumption of goods and services
Which of the following is considered as economic agents in an economy?
Businesses
What are the main factors involved in a given economy?
Culture, values, education, technological evolution
When do economic transactions occur?
When two groups or parties agree to the value or price of the transacted good or service
What is the economic domain?
A social domain of interrelated human practices and transactions
अर्थव्यवस्था क्विज़: जानें और समझें अर्थव्यवस्था के मूल सिद्धांत और तत्व। इस क्विज़ में अर्थव्य
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