Drag and drop each statment into the box with the economy it best reflects

Question

Command Economy Market Economy

Business owners make decisions about how to run their companies

The government decides how much of an item should be produced

Legal policies are put into place that control prices

Process are set by supply and demand

Answer 1

Here are the statements sorted into their respective economies:

Command Economy

• The government decides how much of an item should be produced
• Legal policies are put into place that control prices

Market Economy

• Business owners make decisions about how to run their companies
• Prices are set by supply and demand