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Which of the following represents an economy that is entirely controlled by a country’s government?
command economy
between the center of the continuum and pure market
mixed economy.
command economy
A. There is more government control of the economy than private investment and entrepreneurship is limited.
the number of important businesses run by citizens is growing.
Command
high-tech equipment, agriculture, and diamonds
In this country a single or centralized government authority decides what is produced. Which term identifies this type of economic system?
command economy
between the center of the continuum and pure market
mixed economy.
command economy
A. There is more government control of the economy than private investment and entrepreneurship is limited.
the number of important businesses run by citizens is growing.
Command
high-tech equipment, agriculture, and diamonds
Like most countries, India has an economy that is somewhere between a pure market economy and a command economy. India’s economy is BEST described as a
command economy
between the center of the continuum and pure market
mixed economy.
command economy
A. There is more government control of the economy than private investment and entrepreneurship is limited.
the number of important businesses run by citizens is growing.
Command
high-tech equipment, agriculture, and diamonds
In which type of economy does the government decide what to produce and how to produce it?
command economy
between the center of the continuum and pure market
mixed economy.
command economy
A. There is more government control of the economy than private investment and entrepreneurship is limited.
the number of important businesses run by citizens is growing.
Command
high-tech equipment, agriculture, and diamonds
Which continuum correctly matches the description? • Focused on the consumer • Choices• Entrepreneurship is encouraged • Limited government control and interference
command economy
between the center of the continuum and pure market
mixed economy.
command economy
A. There is more government control of the economy than private investment and entrepreneurship is limited.
the number of important businesses run by citizens is growing.
Command
high-tech equipment, agriculture, and diamonds
Turkey’s economy continues to grow because
command economy
between the center of the continuum and pure market
mixed economy.
command economy
A. There is more government control of the economy than private investment and entrepreneurship is limited.
the number of important businesses run by citizens is growing.
Command
high-tech equipment, agriculture, and diamonds
Israel’s economy is primarily based on
command economy
between the center of the continuum and pure market
mixed economy.
command economy
A. There is more government control of the economy than private investment and entrepreneurship is limited.
the number of important businesses run by citizens is growing.
Command
high-tech equipment, agriculture, and diamonds
Abdul’s country has a mixed economy that lies closer to the command side of the economic continuum. Which statement is most likely true of Abdul’s country?
command economy
between the center of the continuum and pure market
mixed economy.
command economy
A. There is more government control of the economy than private investment and entrepreneurship is limited.
the number of important businesses run by citizens is growing.
Command
high-tech equipment, agriculture, and diamonds
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