Economic Systems and Daily Life

Question 1

Mixed-market economies have more private property, while command economies have more public property.Which is the best example of public property in a mixed-market economy?

Revolt · Accepted Answer

streets and roads

Question 2

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

Revolt · Accepted Answer

a description of a mixed market economy

Question 3

private publicprivate and public

Revolt · Accepted Answer

private and public; Selection 1: private and public; Selection 2: governments; Selection 3: less

Question 4

Most of the property in command economies is owned by [___].

Revolt · Accepted Answer

governments

Question 5

The citizens of a command economy are [___] likely to own property than citizens of a mixed-market economy.

Revolt · Accepted Answer

less

Question 6

Use the drop-down menu to complete each statement.

Revolt · Accepted Answer

The amount of money you earn by working is your .: income; The percentage of people actively looking for a job is called .: unemployment

Question 7

incomethe wealth gapunemployment

Revolt · Accepted Answer

unemployment

Economic Systems and Daily Life Answers

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