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What type of economy does not allow private property?
Mixed
Producers are motivated to earn profits from goods and services they provide
Who will produce it?
government involvement
Markets operate without interference from the government -price is set by supply and demand
Infrastructure
Command
Mixed
Which is not one of the four kinds of resources?
Mixed
Producers are motivated to earn profits from goods and services they provide
Who will produce it?
government involvement
Markets operate without interference from the government -price is set by supply and demand
Infrastructure
Command
Mixed
Which is not a basic question of economics?
Mixed
Producers are motivated to earn profits from goods and services they provide
Who will produce it?
government involvement
Markets operate without interference from the government -price is set by supply and demand
Infrastructure
Command
Mixed
What is free enterprise?
Mixed
Producers are motivated to earn profits from goods and services they provide
Who will produce it?
government involvement
Markets operate without interference from the government -price is set by supply and demand
Infrastructure
Command
Mixed
In what type of economy do individuals and the government both answer the basic questions of economics?
Mixed
Producers are motivated to earn profits from goods and services they provide
Who will produce it?
government involvement
Markets operate without interference from the government -price is set by supply and demand
Infrastructure
Command
Mixed
In which economic system does the government control the public sector?
Mixed
Producers are motivated to earn profits from goods and services they provide
Who will produce it?
government involvement
Markets operate without interference from the government -price is set by supply and demand
Infrastructure
Command
Mixed
What is profit motive?
Mixed
Producers are motivated to earn profits from goods and services they provide
Who will produce it?
government involvement
Markets operate without interference from the government -price is set by supply and demand
Infrastructure
Command
Mixed
Which is not a trait of a free market?
Mixed
Producers are motivated to earn profits from goods and services they provide
Who will produce it?
government involvement
Markets operate without interference from the government -price is set by supply and demand
Infrastructure
Command
Mixed
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