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4 Economic Systems
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Economic System is the way a country produces, distributes, and uses its resources and _____
services
Economic System is the way a country produces, distributes, and uses its ______ and services
resources
Economic System is the way a country produces distributes, and ______ its resources and services
uses
Economic System is the way a country produces, ________, and uses its resources and services
distributes
Economic System is the way a country ________, distributes, and uses its resources and services
produces
The government meets peoples NEEDS and businesses meet peoples' WANTS
Mixed
This economy is driven by "supply and demand"
Market
Indigenous peoples used this type of economy successfully for a long time
Traditional
This type of economy doesn't actually exist on its own
Market
Canada has this type of economy
Mixed
This type of economy is controlled by businesses
Market
North Korea has this type of economy
Command
People make their own food and goods using natural resources.
Traditional
A combination of Command and Market economies
Mixed
The government controls the economy
Command
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