The greatest incentive for conserving scarce resources and using them in the most productive ways comes when:     A government agency is put in charge of researching and allocating the resource.     The free market is allowed to function with few hindrances from government regulation.     The government owns all the natural resources of the country.     Socialism is fully in place.

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A: 26) An economic system is any system which is made up by assigning its scarce resources.

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