Drag and drop the definitions and the countries to the correct economic system.(2 points)

Question

Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.
Command Economy Market Economy

Answer 1

Certainly! Below are the definitions and countries that can be categorized into the Command Economy and Market Economy systems.

Definitions:

1. Command Economy: An economic system where the government makes all decisions about the production and distribution of goods and services.
2. Market Economy: An economic system based on supply and demand, where prices are determined in a free price system and decisions are made by individuals through the marketplace.

Countries:

1. Command Economy: North Korea, Cuba
2. Market Economy: United States, Australia, Germany

You can now drag and drop these definitions and countries into the appropriate economic system categories.