Respuesta :
- Allocation of resources is the assignment of available resources to various uses.
- Economic system is a system of production, resource allocation and distribution of goods and services within a society or a given geographic area.
- Market economy is an economic system where supply and demand, direct the production of goods and services.
1. Allocation of resources
apportionment of productive assets among different uses.
2. Economic system
by which societies or governments organize and distribute available resources, services, and goods across a geographic region or country.
3. Market economy
an economic system where two forces, known as supply and demand, direct the production of goods and services.
eg: US, Japan