Decisions about how to allocate resources are made by:

Question

Quizplus · Accepted Answer

Decisions about resource allocation are made by all of the above - individuals, businesses, and governments. Each of these entities has a different role in the allocation of resources. Individuals make decisions about how to allocate their personal resources, such as their time and money. Businesses make decisions about how to allocate their financial and human resources in order to achieve their goals. Governments make decisions about how to allocate resources in order to meet the needs of society and ensure economic stability. Therefore, all three entities play an important role in resource allocation.

Decisions About How to Allocate Resources Are Made By