Social Studies, 11.10.2020 02:01 emilylittle2442

Match the description with the economic system. To match the items, click the description, and then click the economic system. Production activities are done as needed in order to satisfy a specific demand.

Traditional

The government controls the prices of commodities and the way commodities are produced and consumed.

Planned

The economy is regulated by the private sector instead of the government.

Mixed

The economy allows private ownership of businesses and has a low level of government regulation.

Market

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Match the description with the economic system. To match the items, click the description, and then...