In this country a single or centralized government authority decides what is produced. Which term identifies this type of economic system?
South African economic includes using state-owned enterprises to deliver basic services to low-income areas as a means to increase job growth and household income. However, companies are freed to choose what to produce, how to produce, and for whom t
Which of the following represents an economy that is entirely controlled by a country’s government?
• Goods are shared by the whole community• Economy is based on customs • Roles are passed down through family members. Which kind of economy is described by the features listed?
A “market economy” is
In which type of economy does the government decide what to produce and how to produce it?
Like most countries, India has an economy that is somewhere between a pure market economy and a command economy. India’s economy is BEST described as a
Abdul’s country has a mixed economy that lies closer to the command side of the economic continuum. Which statement is most likely true of Abdul’s country?
Israel’s economy is primarily based on
Turkey’s economy continues to grow because
Which continuum correctly matches the description? • Focused on the consumer • Choices• Entrepreneurship is encouraged • Limited government control and interference
The economies of Israel, Saudi Arabia, and Turkey could best be described as
How have the Israelis made up for their lack of resources?
Which industry does the government of Saudi Arabia heavily control?
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