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In a command economy, The government also ______________ by regulating which goods the country needs to import and which goods should be sold, or exported, to other countries.
private ownership
market
mixed
pure
restricts free trade
traditional
the lack of resources to produce all the goods and services that are needed or wanted
mixed
An economy in which most of the economic decisions that are made are based on custom and on the habit of how such decisions were made in the past.
private ownership
market
mixed
pure
restricts free trade
traditional
the lack of resources to produce all the goods and services that are needed or wanted
mixed
Market + Command = _________
private ownership
market
mixed
pure
restricts free trade
traditional
the lack of resources to produce all the goods and services that are needed or wanted
mixed
What type of economic system do most democratic countries have?
private ownership
market
mixed
pure
restricts free trade
traditional
the lack of resources to produce all the goods and services that are needed or wanted
mixed
In which economic system do buyers control what is produced by making purchases.
private ownership
market
mixed
pure
restricts free trade
traditional
the lack of resources to produce all the goods and services that are needed or wanted
mixed
businesses, property, and resources belong to individual citizens instead of the government is an example of ____________
private ownership
market
mixed
pure
restricts free trade
traditional
the lack of resources to produce all the goods and services that are needed or wanted
mixed
What is scarcity?
private ownership
market
mixed
pure
restricts free trade
traditional
the lack of resources to produce all the goods and services that are needed or wanted
mixed
there are no ________ market or ________ command economies
private ownership
market
mixed
pure
restricts free trade
traditional
the lack of resources to produce all the goods and services that are needed or wanted
mixed
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