Types of economy

Which of the following is a type of economic system?

• command economy

• traditional economy

What type of economy does most of the world use today?

• market economy

• mixed economy

What does surplus mean?

• more supply and demand

• more demand than supply

A country's economic decisions are based on what its people want to buy and sell.

• traditional

• market

• command

Things you can buy to satisfy a want.

• goods

• earth

How many types of economy are there?

• 4

• 2

• 1

This economy does not use money, instead they trade or Barter.

• traditional

• free

• market