snanney1998 snanney1998

28-09-2015
History

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all large modern economics answer most of the basic economic questions of what to produce, how, and from whomby

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HistoryGuy HistoryGuy

03-10-2015

It's not so much that all modern economies "answer" these problems and more that they provide the institutions necessary for the people (consumers) to answer these questions by deciding how much to consume and therefore produce.

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