Question

Select the type of economic system that best matches each of the given descriptions.

-based on government control of resources and production
-based on traditions and customs
-based on the forces of supply and demand
-based on price rationing and include some government involvement

choices:
-traditional
-market
-command
-mixed

Answer 1

based on government control of resources and production -> command

based on traditions and customs -> traditional

based on the forces of supply and demand -> market

based on price rationing and include some government involvement -> mixed

Step-by-step explanation:

plato

Answer 2

based on government control of resources and production -> command

based on traditions and customs -> traditional

based on the forces of supply and demand -> market

based on price rationing and include some government involvement -> mixed