Types of Economies

Match it! Select the correct answer from the pull down...Good luck!

Private ownership of property and resources is a characteristic of what type of economic system?

Who makes decisions for the public sector in a mixed economy?

The government controls the means of production in what economic system?

All of the following are characteristics of a command economy EXCEPT

In the United States economic system, who makes decisions?

In the United States economy, business owners are allowed to keep all earnings they make after all expenses have been paid. What are these earnings called?

What type of economic system does the United States have?

All of the following are characteristics of a free market economy EXCEPT