Economic Systems

Last updated 3 months ago
5 questions
1

The economic system that involves the government the LEAST is the _________ system.

1

An economic system based on customs and traditions is a ______________ system. (not in video)

1

Most undeveloped countries that also may have political corruption operate with which Economic System?

1

Which of the following a driving force in both a free market and mixed economy?

1

In a mixed economy, what will happen to the prices for a product and the profit a business can make as more competition enters the market?