economic: capitalism and socailism

what is economic system?

• a way how society produce and distribute

  goods and services

• lady gaga

• supply and demand

• opportunity cost

if the government makes bob produce 70 shirts what economic system is this?

• Command

• Mixed

• Traditional

• Market

which economy is dedicated by supply and demand and the buyers and sellers ?

A mixed economy combines the best parts of which other economies?

• Market and demand

• Traditional and market

• Market and command

• Command and traditional

this type of economy, is passed through family

traditions they learn from their parents

when customers and business owners exchange product and money they are

the concept that people have the right and privilege to control their possessions

a company owned by a private owner

What is free economy?