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Which of these describes a controlled econmic system?

The government makes decisions about production and distribution of goods and services.


Which person studies the production distribution and consumption of goods and services?

An Economist studies the production distribution and consumption of goods and services


Which person studies the production .distribution and consumption of goods and services?

An Economist studies the production distribution and consumption of goods and services


System that combines the free market with some government intervention?

Market Economy A market economy is a system in which decisions on production and consumption of goods and services are based entirely on exchange, or trade; The answer to this is Mixed Economy.A mixed economy is a system that combines the free market with some government intervention.


What is an antonmy for production?

An antonym for production is "consumption." While production refers to the process of creating goods or services, consumption involves the use or purchase of those goods and services by consumers. Essentially, production focuses on output, whereas consumption emphasizes input and utilization.


What is The scientific study of the production distribution and consumption of goods and services is?

The scientific study of the production, distribution, and consumption of goods and services is known as economics. It examines how individuals, businesses, and governments allocate resources and make decisions to satisfy needs and wants. Economics encompasses various theories and models that analyze market behavior, economic systems, and the effects of policies on economic outcomes.


Which discipline deals with the production consumption and distribution of goods and services?

economics


What social science is described as people government and societies choose how to use scarce resources I produce items for consumption?

Economics is the social science that studies how individuals, governments, and societies make choices on how to allocate resources to produce goods and services for consumption. It deals with the production, distribution, and consumption of goods and services within a society.


Does the The strength of the economy depends on the balance of production and consumption of goods and services?

true


Define economic system?

is the system of production,distribution and consumption of goods and services of an economy


What do you mean by consumption?

Consumption is a common concept in economics, and gives rise to derived concepts such as consumer debt. Generally, consumption is defined in part by comparison to production. But the precise definition can vary because different schools of economists define production quite differently. According to mainstream economists, only the final purchase of goods and services by individuals constitutes consumption, while other types of expenditure - in particular, fixed investment, intermediate consumption and government spending - are placed in separate categories. See consumer choice. Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g. the selection, adoption, use, disposal and recycling of goods and services).


What is the relationship of economics and socialscience?

Economics is the ssc that analyzes the production, distribution and consumption of goods and services.