Economics Ms.davis

what do centrally planned economies prefer?

How do people purchase goods in a traditional economy?

What are the advantages of a free market ?

Which behavior best describes a traditional economy ?

Which type of resources are used in traditional economies?

What does the government mainly own in a centrally planned economy?

which of the following best describes the government in a centrally planned economy?

In a mixed economy who does the government levy taxes from?

Which of the terms is used to describe an individuals ability to manage a business for profit?

Where do the government purchase land, labor, and capital in a mixed economy?

who has control of the free market economy?

In a free market economy, accelerated growth and efficiency is brought upon which one of these?