2-1 economic systems Word Scramble
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Question | Answer |
An organized way of providing for the wants and needs of people | economy/economic system |
An economy in which the allocation of resources and nearly all other economic activity stems from ritual, habit, or custom | traditional economy |
An economy in which a central authority makes most of the WHAT, HOW, and FOR WHOM decisions | command economy |
n economy in which people and firms act in their own best interests to answer the WHAT, HOW, and FOR WHOM questions | Market economy |
Created by:
gp0227
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