Government and business work collaboratively with multiple stakeholders to use resources to meet the needs of the members of a society.This arrangement is called the__________system of a nation.
A)free enterprise
B)capitalist
C)economic
D)political
E)responsible enterprise

Question

Quizplus · Accepted Answer

The economic system of a nation refers to the way in which resources are allocated and distributed to meet the needs of its members. This involves collaboration between the government, businesses, and other stakeholders to ensure that the economic system is functioning effectively and efficiently. While free enterprise, capitalist, political, and responsible enterprise systems may be considered part of a nation's economic system, the most accurate and encompassing term to describe this arrangement is simply "economic system."

Government and Business Work Collaboratively with Multiple Stakeholders to Use