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1. Which statement best describes an economic system? (1 point)
O the method of production, resource use, and distribution of goods in a region
O the network of relationships that exist between individuals and groups in a region
O the way a region makes official government policies and decisions
O the process that people use in choosing goods and services​

Respuesta :

An economic system is the method of production, resource use, and distribution of goods in a region.

What is an economic system?

An economic system is a process or method in which societies or governments distribute and organize resources, goods, and services that are available within a society.

It involves working together with various agencies to build an economic system.

Therefore, an economic system is the method of production, resource use, and distribution of goods in a region.

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