command economy
- Legal policies are put into place by the government that control prices.
- The government decides how much of an item should be produced.
market economy
- Business owners make decisions about how to run their companies.
- Prices are set by supply and demand.
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
Legal policies are put into place by the government that control prices.
The government decides how much of an item should be produced.
Business owners make decisions about how to run their companies.
Prices are set by supply and demand.
1 answer