Question
Drag and drop each statement into the box with the economy it best reflects. A correct answer will have two statements in each box.
Command economy
Market economy
A. Business owners make decisions about how to run their companies.
B. Legal policies are put into place by the government that control prices.
C. The government decides how much of an item should be produced.
D. Prices are set by supply and demand
Command economy
Market economy
A. Business owners make decisions about how to run their companies.
B. Legal policies are put into place by the government that control prices.
C. The government decides how much of an item should be produced.
D. Prices are set by supply and demand
Answers
GPT-4o mini
Here are the statements organized into the appropriate economy boxes:
**Command economy:**
- C. The government decides how much of an item should be produced.
- B. Legal policies are put into place by the government that control prices.
**Market economy:**
- A. Business owners make decisions about how to run their companies.
- D. Prices are set by supply and demand.
**Command economy:**
- C. The government decides how much of an item should be produced.
- B. Legal policies are put into place by the government that control prices.
**Market economy:**
- A. Business owners make decisions about how to run their companies.
- D. Prices are set by supply and demand.