Which is NOT a basic economic question? Group of answer choices
When should we produce?
What should we produce?
For whom should we produce?
How should we produce?

Answer: when should we produce

The term referring to how resources are distributed is known as ____.

Answer: resource distribution

Match the description with the correct term.

supply and demand determine the value of goods which can be purchased by those who have money - price

random selection - lottery

the option with the most votes wins - majority rule

violence or threats are used to give or take away goods - force

people in charge make distribution decisions- authority

resources are given out based on mental or physical traits - personal characteristics

those in line first get the stuff first - first come first serve