Question

a set of methods and standards in which a society decides and organizes the allocation of economic resources is defined as a

• economic system
• political system
• legislative system

Explanation:

To solve this, we analyze each option:

• Economic System: Defined as the set of methods/standards a society uses to allocate economic resources (matches the description).
• Political System: Focuses on governance, power, and political decision - making, not resource allocation.
• Legislative System: Concerned with law - making processes, not economic resource allocation.

Answer:

A. Economic System