Which of the following is not one of the basic questions of economics?

The key factor in determining the type of economy a country has is the extent of _________ involvement.

In this economy economic decisions are based on custom and historical precedent. People often perform the same type of work as their parents and grandparents

This economy has all of the following, Private ownership of property/resources, Profit motive, Competition, Consumer sovereignty, Individual choice, Minimal government involvement.

In this economy there is Central ownership (usually by government) of property/resources, Centrally-planned economy, Lack of consumer choice.

In this economy: Individuals and businesses are owners and decision makers for the private sector. Government is the decision maker for the public sector.

_____________ are generally allowed to operate without undue interference from the government.

_________________: Individuals and businesses have the right to own real and personal property

___________________: consists of earnings after all expenses have been paid.

_______________: Consumers determine through purchases what goods and services will be produced.

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