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Match the the Prompt Square -Controlled by the DEMAND of CONSUMERS. Gualis to Increase Profits at Any Cost No Government Involvement!

Problemas

Match the the prompt square -Controlled by the DEMAND of CONSUMERS. Gualis to increase profits at any cost No government involvement! square Amixed economic system that combineyfree eaterprise and communism square : Communism : Socialism : Free Market

Roztwór

Rafael élite · Tutor durante 8 años
Weryfikacja ekspertów
4.3 (281 Votos)

Respuesta

1. Free Market 2. Socialism 3. Communism

Explicación

This question is asking to match the descriptions to the correct economic systems. 1. "Controlled by the DEMAND of CONSUMERS. Gualis to increase profits at any cost No government involvement!" This description fits the Free Market system. In a free market, the laws of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority. It is a system where the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.2. "A mixed economic system that combines free enterprise and communism" This description fits the Socialism system. Socialism is a system where the means of production are owned and controlled by the state, but where there is still a degree of private enterprise. It is a system that combines elements of both capitalism and communism.3. "Communism" This is a system where all property is publicly owned, and each person works and is paid according to their abilities and needs. It is a system where the means of production are owned and controlled by the state, and where there is no private enterprise.