What type of economy does each statement describe?
Select C for Command economy.
Select M for Market economy.
Select T for Traditional economy.
3 answers
What statements? What is your question?
What type of economy does each statement describe?
Select C for Command economy.
Select M for Market economy.
Select T for Traditional economy.
Change is slow.
Consumer demand influences business decisions.
Economic growth is not a top priority.
Most business decisions are made by the government.
People choose their jobs.
Resources are government-owned.
Salaries are negotiated between employees and employers.
The government decides which jobs people have.
Select C for Command economy.
Select M for Market economy.
Select T for Traditional economy.
Change is slow.
Consumer demand influences business decisions.
Economic growth is not a top priority.
Most business decisions are made by the government.
People choose their jobs.
Resources are government-owned.
Salaries are negotiated between employees and employers.
The government decides which jobs people have.
t
c
m
c
t
c
m
c
c
m
c
t
c
m
c