4 Types of economies

Which type of economic system bases its decisions on custom?

• Market

• Command

• Mixed

• Traditional

Which type of economy is controlled by the government?

• Market

• Command

• Mixed

• Traditional

Which type of economy is run by the businesses and business owners with no government involvement?

• Market

• Command

• Mixed

• Traditional

Which type of economy is based on traditions and beliefs?

• Market

• Command

• Mixed

• Traditional

Which type of economy would most likely have a dictator?

• Market

• Command

• Mixed

• Traditional

What type of economy does the United States have?

• Command

• Traditional

• Mixed

• Market

The U.S. has a -

• Command Economy

• Market Economy

• Mixed Economy

Which type of economic system bases its decisions on custom?

• Market Economy

• Mixed Economy

• Command Economy

• Traditional Economy

Which type of economy is run by the businesses & business owners?

• Command
• Mixed
• Communist
• Market

Government owns resources and controls production, prices, and wages.

• traditional
• command
• market 
• mixed