Economic Systems

A system of economics based on private ownership, innovation, and competition. 

Which of the following systems calls for government control of natural resources in a country?

Which of the following economic systems values innovation the most?

Which of the following is considered a "command" economic system?

This command economic system has traditionally been controlled by a dictator.

An command economic system that is commonly found in democratic European countries.

Which of the following economic systems values cooperation the most?

A economic systems based off of the theories of Karl Marx where all property is held in common.

Which system advocates for lower taxes and less government interference in the economy?

Which system advocates for social programs like gov. funded healthcare, education & housing?

Which one of the following economic systems is controlled by an "invisible hand". 

An economic system where culture and custom are valued over innovation.