What are the three types of economic systems mentioned in the text?
Types of Economic Systems

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Social Studies, Business
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4th Grade - University
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Hard
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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3 mins • 1 pt
Describe the characteristics of a traditional economy.
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3.
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3 mins • 1 pt
What role does the government play in a command economy?
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4.
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3 mins • 1 pt
How does a market economy differ from a command economy?
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5.
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3 mins • 1 pt
What are some advantages of a market economy?
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