In a traditional economy, how are economic decisions made?

Which of the following would be a problem for a country with a traditional economy?

In a command economy, how are economic decisions made?

In a market economy, how are economic decisions made?

Who takes on the financial risk in starting a new business in a market economy?

Why do most economies in the world today operate somewhere in between a market economy and a command economy?

Which of our focus countries has more of a command economy?

Which of our focus countries has more of a market economy than the others?

In what industry do about 50% of China'a population work?

About 60% of India's population do this for a living?

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