What is profit motive?

Which economic system has both a private and public sector?

Which economic system has competition and consumer sovereignty?

What type of economic system has a centrally planned economy?

What kind of an economic system has minimal government involvement in the economy?

Which type of an economic system has little or a lack of consumer choice?

What type of economic system has individual choice and consumer sovereignty, competition, profit motive and private ownership of resources and property?

Which economic system includes the United States and most countries today?

Which economic system has individuals and businesses owners are the decision makers for the private sector, while the government makes decision for the public sector?

Which economic system does the United States mixed economy favor?

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