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Questions and Answers
What does an economy emphasize?
What does an economy emphasize?
- The cultural and technological evolution of a society
- The political structure and legal systems of a country
- The practices, discourses, and material expressions associated with production and consumption (correct)
- The natural resources and education system of a region
What are the main factors that involve a given economy?
What are the main factors that involve a given economy?
- Political structure, legal systems, and economic agents
- Monetary systems, trade, and consumption patterns
- Culture, values, education, and natural resources (correct)
- Technological evolution, history, and social organization
Who can be the economic agents in a society?
Who can be the economic agents in a society?
- Cultural institutions, educational bodies, and religious organizations
- Individuals, businesses, organizations, or governments (correct)
- Labor unions, political parties, and non-governmental organizations
- Media outlets, academic institutions, and research centers
When do economic transactions occur?
When do economic transactions occur?
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What is the economic domain?
What is the economic domain?
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