What is the main difference between free market and command economies?

Which is NOT an example of government involvement in the economy?

In a mixed economy, _______ courts can be used to settle economic disagreements between two parties.

Which is NOT an example of a government agency protecting citizens in the economy.

Which is NOT an example of a government agency protecting citizens in the economy.

Which is not a result of competition?

If you run a burger restaurant and new burger restaurant opens up, which would NOT be a good way to compete with them?

How does the government encourage competition?

Global trade lowers the prices of good by increasing supply. This is good for consumers and bad for producers.

Global trade lowers the prices of good by increasing supply. This is good for _______ and bad for _____________.

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