Question

Classifying Economic Systems
Question:
What factor is used to classify economies as market, command, or mixed?
A. The number of consumers in the economy
B. The number of producers in the economy
C. The abundance of natural resources in the economy
D. The amount of government involvement in the economy
8. Presidential System of Government
Question:
In a presidential system, the executive (president) and the legislative branch
(Congress) are:
A. Elected separately
B. Chosen by the legislature
C. Controlled by the executive branch
D. Combined into one branch

Answer 1

1) D. The amount of government involvement in the economy — economies are classified as market, command, or mixed based on how much the government directs production and resource allocation.

2) A. Elected separately — in a presidential system the executive (president) and the legislature are chosen independently.