What is the most important factor in deciding what job you would do if you lived in a traditional economy?
Customs and habits are most important to which type of economy?
In which type of economic system does the government control what a factory produces and what prices it will charge for those products?
In which economic system do consumers make economic decisions that occur between buyers and sellers? This system also has competition.
In a command economy, who usually owns the farms and factories?
Which statement describes a part of a market economy?
Which economy is most common in the world today?
What are the three economic questions that all economists ask?
What are the three main types of economic systems?
Most countries are ______________________ economies because they are a combination of market and command.
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