Economic Systems

Question 1

What is one characteristic of a command economy?

Revolt · Accepted Answer

The government controls the prices of most goods.

Question 2

What did you include in your response? Check all that apply.

Revolt · Accepted Answer

a description the goals of a mixed market system; a description the goals of a command system

Question 3

Use the drop-down menu to complete each sentence.

Revolt · Accepted Answer

✔ command; A economy usually stresses the equality of all citizens.: command; A economy aims to be self-sufficient.: closed; A economy relies more on bartering than money.: traditional; In a economy, private businesses are encouraged.: mixed market

Question 4

mixed market✔ closedcommand

Revolt · Accepted Answer

✔ closed

Question 5

command✔ traditionalclosed

Revolt · Accepted Answer

✔ traditional

Question 6

✔ mixed marketcommandclosed

Revolt · Accepted Answer

✔ mixed market

Economic Systems Answers

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