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.
1 answer
Someone might be able to check YOUR answers if YOU post them!
3 answers