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Communism, capitalism, and socialism.
capitalism
Aida Medhurst
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The most basic economic system is?
command economy
A basic characteristic of a command system is that?
A basic characteristic of a command system is that the government owns most economic resources.
Which of the following is a goal of the leaders of most economic systems?
The most basic economic institution in market economies is the system of markets.
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
What is the most common economic system in the world?
Mixed economic systems combine elements of market and command economies. It is currently the most common economic system.
The most basic economic system is?
command economy
A basic characteristic of a command system is that?
A basic characteristic of a command system is that the government owns most economic resources.
Which of the following is a goal of the leaders of most economic systems?
The most basic economic institution in market economies is the system of markets.
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
What is the most common economic system in the world?
Mixed economic systems combine elements of market and command economies. It is currently the most common economic system.
What are the basic social economic necessities?
The most basic social economic necessities are food, drinking water, shelter, and clothing. Many other things are also desirable, but not as basic.
What French economist is most associated with the mercantile economic system?
The French economist most associated with the mercantile economic system was Colbert.
When markets or governments make economic decision about how to most efficiently convert their resources into goods and service what basic economic question are they answering?
Markets or governments make economic decisions about how to most efficiently convert their resources into goods and services. The basic economic question that is being answer is how to produce.
Economic system in which private businesses run most industries?
Capitalism is an economic system in which individuals and private businesses run most industries
Which basic economic question most relates to labor?
How to produce?. studyisland(:
What is the most effective economic system?
the most effective system i think is mixed market
What is the most common economic system?
A dictatorship
