Economic Systems and Australia

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In reality, no country has a pure command or pure market economy so it can be said that all countries have a _____ economy with varying extents of government involvement.

Australia has an economic system where

Australia's economy can best be described as

Consumers, producers, buyers, and sellers participate in Australia's economy, but the government makes some safety and manufacturing standardstandards. This represents a _____ economy.

A way that the government of a country could make its economy more market would be to

Strong elements of the ____ economy are found in the Aboriginal culture.

A government that makes all of the economic decisions about what to produce, how to produce, and for whom to produce is a _______ economy.

Decentralized planning, adjustments to changes in the market, and producers and consumers controlling the economy represent a ____ economy.