Chapter 8 Building Blocks in Economics the Problem of Choice - Part 2

Why do economic systems differ?

Type: MCQ • Marks: 1
Why do economic systems differ?
Options
A. Human needs do not matter
B. Resources are identical everywhere
C. All governments have identical policies
D. Societies organise resource allocation in different ways
Explanation
Explanation: Different societies choose different institutions for answering economic questions.
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Class 9th Understanding Society India and Beyond, Part I

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