Economic Systems Answers

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1
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Command economyMixed market economyPure market economy

A
Command economy
B
Mixed market economy
C
Pure market economy
2
Free Preview

Command economyMixed market economyPure market economy

A
Command economy
B
Mixed market economy
C
Pure market economy
3

Command economyMixed market economyPure market economy

A
Command economy
B
Mixed market economy
C
Pure market economy
4

command mixed market market

A
command
B
mixed market
C
market
5

Use the drop-down menu to select the type of economy that matches the description.

Answers:
The government decides what is produced, along with how much is produced.:Command economy
The government controls some aspects of the economy, such as infrastructure and transportation, while private consumers and producers control the means of production in other areas.:Mixed market economy
The government has no involvement or decision-making in what or how much is produced.:Pure market economy
6

Use the drop-down menu to complete each statement.

Answers:
Communist countries usually have economies.:command
A command economy that still allows private property and ownership is called.:socialism
A command economy in which the government controls everything is called .:communism
7

socialism communism capitalism

A
socialism
B
communism
C
capitalism
8

Command economy✔ Mixed market economyPure market economy

A
Command economy
B
✔ Mixed market economy
C
Pure market economy
9

✔ socialism communism capitalism

A
✔ socialism
B
communism
C
capitalism
10

socialismcommunism capitalism

A
socialism
B
communism
C
capitalism
11

X Command economyMixed market economy✔ Pure market economy

A
X Command economy
B
Mixed market economy
C
✔ Pure market economy
12

socialism✔ communism capitalism

A
socialism
B
✔ communism
C
capitalism
13

Use the drop-down menu to complete each statement.

Answers:
Communist countries usually have economies.:command
A command economy that still allows private property and ownership is called.:socialism
A command economy in which the government controls everything is called .:communism

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