Command economies and Market economies determine what to produce from the people’s needs.
In a command economy, trade decisions are made by _________________.
What is a tarrif?
The way a society organizes the production and consumption of goods and services is its _______________.
The top two buget categories are National Defense and Health.
Socialism only allowed/ allows workers to earn enough to stay alive according to Marx.
Higher tax rates for the rich over the poor were done under the _____________________ function of government.
What function of government assists with the unemployment rate?
The four basic economic systems are the command, market, mixed, and socialist economies.
Karl Marx wrote, “ The Communist Manifesto.”
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