Economic Systems

Which of the following would be considered a hands-on economic system?

• mixed economy

• communism

• capitalism

• traditional

Which of the following would be considered a hands-off economic system?

• mixed economy

• communist

• socialist

• traditional

Most nations today have which type of economy?

• hands on

• hands off

• mixed economy

An example of an oligopoly in the United States would be

• utility company industry

• airline industry

• cosmetic industry

• clothing industry

An example of a monopoly in the United States would be

• utility company industry

• airline industry

• cosmetic industry

• clothing industry