Question

Select the type of economic system that best matches each of the given descriptions.


traditional

market

command

mixed



based on government control

of resources and production

_______

based on traditions and customs

_______

based on the forces of supply and demand

_______

based on price rationing and includes

some government involvement

_______

Answer 1

Answer:

traditional

Explanation:

of resources and production

_______

based on traditions and customs

_______

based on the forces of supply and demand

_______

based on price rationing and includes

some government involvement

_______