Countries’ economies are similar because they all must answer the questions of what to produce and how to produce it based on the resources they have.
The question of what to produce is a general question in all countries, because what is produced will in turn determine what is sold out.
Each country must identify their key resources and produce goods and services based on the available resources this will give them a edge when it comes to sale.
Therefore, Countries’ economies are similar because they all must answer the questions of what to produce and how to produce it based on the resources they have.
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