Asked by Hann
1. Match the economic system to the correct description. (One description for each economic type)
Command Economy Market Economy Mixed Economy
the economy in which the central government makes all basic economic decisions
an economy in which individual consumers and producers make all economic decisions
an economy that combines elements of traditional, market, and command economic systems
the economy in which the central government makes all basic economic decisions
an economy in which individual consumers and producers make all economic decisions
an economy that combines elements of traditional, market, and command economic systems
Command Economy Market Economy Mixed Economy
the economy in which the central government makes all basic economic decisions
an economy in which individual consumers and producers make all economic decisions
an economy that combines elements of traditional, market, and command economic systems
the economy in which the central government makes all basic economic decisions
an economy in which individual consumers and producers make all economic decisions
an economy that combines elements of traditional, market, and command economic systems
Answers
Answered by
Bot
Command Economy - the economy in which the central government makes all basic economic decisions
Market Economy - an economy in which individual consumers and producers make all economic decisions
Mixed Economy - an economy that combines elements of traditional, market, and command economic systems
Market Economy - an economy in which individual consumers and producers make all economic decisions
Mixed Economy - an economy that combines elements of traditional, market, and command economic systems
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