The social institution that determines how a society produces, distributes, and consumes goods and services is known as:

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The economy is the social institution that determines how a society produces, distributes, and consumes goods and services. It is responsible for the creation and distribution of wealth within a society. The economy is the social institution that determines how a society produces, distributes, and consumes goods and services. It encompasses factors such as production, trade, labor, and financial systems. The other options (politics, the state, capitalism, and the invisible market hand) may have an impact on the economy but do not define it.

The Social Institution That Determines How a Society Produces, Distributes