Question

An economy with total government control is a "pure market" economy.

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Group of answer choices

True

False

Flag question: Question 3
Question 325 pts
A "pure command" economy is one without any government control.

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Group of answer choices

True

False

Flag question: Question 4
Question 425 pts
Most or all economies have mixed economies.

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Group of answer choices

True

False

Flag question: Question 5
Question 525 pts
A mixed economy is a blending of two different economic systems.

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Group of answer choices

True

False

Answer 1

1) False — Total government control is a pure command (planned) economy; a pure market economy has minimal government control.

2) False — A pure command economy has complete government control, not absence of it.

3) True — Most real-world economies are mixed, combining elements of market and government control.

4) True — A mixed economy blends two systems (generally market and command) rather than being purely one or the other.