Economy true or false

Market economy is a economy with little to no government control

• False

• True

A Command economy is a economy where roles are inherited from parents

• FALSE

• TRUE

There are four economic systems

• True

• False

In a command economy, decisions about what, how, and for whom to produce are determined by supply and demand.

• True

• False

In a traditional economy, their ways of living have been passed down from generation to generation for hundreds of years.

• True

• False

A command economic system gives consumers access to the most goods and services.

• True

• False

In a command economy, people have a lot of choices of what they can buy.

• True

• False

command economy- planners who work for the government answer the economic questions.

• true

• false

In which type of economy do people use bartering to get what they need?

• traditional

• command

• market

Countries that have lots of privatization are probably command economies.

• true

• false