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Types of Economic Systems
Page 2
Questions (92)
How does a traditional economy differ from a market economy?
A. In a traditional system, economic decisions are based on custom.
1 answer
asked by
starrylia x
33 views
im learning about economics and the meaning of 3 economic systems
traditional, command, market traditional i undestand as
2 answers
asked by
MARKO
574 views
All South American economies are ______
A. diversified economies that make many different types of products B. market economies
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asked by
zzz
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Which economic system involves government ownership of land and resources, as well as major industries?
* 1 point Market
1 answer
asked by
You Dont Need To Know
114 views
In a ___ Economy, all basic economic decisions are made by producers and consumers.
Responses A Command B Market C Mixed D
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Government owns the factors of production
Government answers the question of who, what and how to produce Government eliminates
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Blocks
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Which situation is more likely to occur in a market economy than a command economy?
o An inventor designs and produces a new type
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Which type of economy system is described government owns the factors of production government answers the questions who what
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Which economic system involves people owning their own goods and property and Producers being free to decide what goods and
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The connexus girlðŸ˜
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Which term refers to an economic system with a mix of private investment and government control?
Responses command economy
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heavenly
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Which economic system aims to achieve income equality through public ownership of resources?(2 points)
Responses Socialist system
1 answer
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Which economic system allows for the pursuit of self-interest and private ownership of resources?(2 points)
Responses Free market
1 answer
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Which system has complete
public ownership of the means of production? (1 point) free enterprise market economies communist
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asked anonymously
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8. How do socialist and communist economic systems differ?
the amount of natural resources the amount of government ownership the
1 answer
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94 views
In which economic system are price signals, resulting from supply and
demand forces, the only determining factor for the goods
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What type of economic system has free enterprise with strict government control?
(1 point) Responses traditional traditional
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asked by
jo ma
37 views
What type of economic system has free enterprise with strict government control? (1 point) Responses traditional traditional
1 answer
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Which system has complete public ownership of the means of production? (1 point) Responses free enterprise free enterprise
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What type of economic system has free enterprise with strict government control?
(1 point) 1 traditional 2 market 3 command 4
1 answer
asked by
tim
88 views
What type of economic system has free enterprise with strict government control?
(1 point) Responses traditional traditional
1 answer
asked anonymously
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How do socialist and communist economic systems differ? (1 point) Responses
the amount of natural resources the amount of
1 answer
asked by
Unknown
25 views
how do socialist and communist economies system differ?
a. the amount of natural resources b. the amount of government ownership
1 answer
asked by
sda
13 views
What type of economic system has free enterprise with strict government control?
(1 point) • traditional • market • command
1 answer
asked anonymously
29 views
What type of economic system has free enterprise with strict government control?
1. traditional 2. market 3. command 4. mixed
1 answer
asked anonymously
52 views
which economic system produces goods based on supply and demand and encourages enterpreneurs through profit motive
market
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10 views
Compare and contrast the four types of economic systems.
1 answer
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Which of the following best describes a mixed economy?
Local customs dictate economic decisions Private businesses have little or
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57 views
Which economic system best describes the United States?
a command system a mixed system a free market system a traditional system
1 answer
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Which events would be more common in a command economy than a market economy? Select all that apply.
(1 point) Responses People
7 answers
asked by
Daphne
28 views
Communist nations, such as North Korea and Cuba, in which the government or other central authority makes decisions and
1 answer
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Which events would be more common in a economy than a market economy
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What type of economic system does Laos have?
Communist Kula Loop Traditional Free-Market
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Types of economic system
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Compare and contrast the four types of economic systems write 3 to 5 sentences
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Compare and contrast the four types of economic systems write 3 to 5 sentences
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23 views
4 types of economic systems
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Paraphrase and summarize this, Traditional, command, market, and mixed are the four types of economic systems. In a traditional
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Paraphrase and summarize this, Traditional, command, market, and mixed are the four types of economic systems. In a traditional
1 answer
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The United States is an example of which of the following economic systems?
10sec Free Enterprise Socialism Communism Traditional
1 answer
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10 views
atch the vocabulary words to their definitions(5 points)
Put responses in the correct input to answer the question. Select a
1 answer
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Compare the basic types of economic systems found in Mexico and Cuba. (Cuba Economy - Unit 6 Lesson 8)
3 answers
asked by
nahhh help me jk <3
3 views
definition and types of economic systems
1 answer
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Parent Categories (4)
Economic Systems
Economics
Economy
Ownership of Means of Production