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Market economy,traditional economy,command economy and mixed economy
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What three questions must all economic systems answer?
what three questions must all economic systems answer?
What are the four kinds of economic systems?
Traditional, Command, Market, Mixed.
Three types of economic systems?
There are many types of economic systems, but three of the most common are listed here.capitalist economic systemsocialist economic systemmixed economic system
What are the three types of economic systems?
The three types of economic systems are centrally planned, traditional, and free market (or capitalist).
How do the four economic systems answer the three basic questions of economics?
Societies answer the three economic questions based on their values!
What three questions must all economic systems answer?
what three questions must all economic systems answer?
What are the four kinds of economic systems?
Traditional, Command, Market, Mixed.
Three types of economic systems?
There are many types of economic systems, but three of the most common are listed here.capitalist economic systemsocialist economic systemmixed economic system
What are the three types of economic systems?
The three types of economic systems are centrally planned, traditional, and free market (or capitalist).
How do the four economic systems answer the three basic questions of economics?
Societies answer the three economic questions based on their values!
The three basic economic systems are?
Mixed free and planned ((;
Name three different kinds of solar systems?
Dusty Disk Systems, Hot Jupiter Systems, Non-planetary systems.
What are kinds of economic implation?
what are kinds of economic implation? what are kinds of economic implation?
What three basic questions do economic systems address?
Economists also study how economic systems address three basic questions: What shall we produce?; How shall we produce it?; For whom shall we produce it?
What are three main economic systems of the world?
Communism, capitalism, and socialism.capitalism
What are the 3 fundamental questions that all economic systems must answer?
What to produce?How to produce?For whom to produce?These are the three fundamental questions that all Economic systems must answer.
Describe the 4 basic economic systems?
the are four types of economic systems: traditional economies, market economies, command economies, and mixed economies. these economic systems differ in how to answer the three basic questions: how to produce, what to produce and for whom to produce. In traditional economies, the three economic questions are decided mainly by social customs. In market economies, the economy is like capitalism in U.S and the economic questions are decided by individuals in the marketplace. In command economies, is like comunism and the questions are decided by the government. In mixed economies, they are decided by a combination of market decisions making and government order. Many different combinations of these four kinds of economic systems are operating around the world today, with different degrees of success.
