Question

HELP PLEASE: For the following examples, Select whether they are indicators of a market, planned, or mixed system of economics.
The ability to earn as much money as you can __________
Limited restrictions on economy to protect people from becoming too poor _________
Belief that all work should be rewarded equally _______
Decisions concerning the economy all made by the government ________
Belief that hard work should be rewarded _________
Presence of a minimum wage __________

Answer 1

The ability to earn as much money as you can FREE MARKET

Limited restrictions on economy to protect people from becoming too poor MIXED ECONOMY

Belief that all work should be rewarded equally PLANNED ECONOMY

Decisions concerning the economy all made by the government PLANNED ECONOMY

Belief that hard work should be rewarded MIXED ECONOMY

Presence of a minimum wage MIXED ECONOMY

Answer 2

Answer:

market

mixed

planned

planned

market

mixed

Explanation:

The ability to earn as much money as you can __market system of economics/ free market________

Limited restrictions on economy to protect people from becoming too poor _mixed system of economics________

Belief that all work should be rewarded equally ___planned_system of economics___

Decisions concerning the economy all made by the government _planned economy_______

Belief that hard work should be rewarded __ market_______

Presence of a minimum wage __mixed system of economics________