Answer:
Key Takeaways
Explanation:
Market economies utilize private ownership of the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. In reality, all economies blend aspects of the two.
According to albert bandura, people who believe that their efforts will be successful and that they are in control of events have a high level of: Self-efficacy.
<h3>What is Self-efficacy?</h3>
Self-efficacy can be defined as the way in which a person tend to believe in their ability and skill to execute or achieve whatsoever they desire to achieve.
A person with self-efficacy personality tend to believe in themselves and their effort to achieve their set goals because they belief and have the confidence that they can achieve any thing they set to achieve.
Inconclusion according to albert bandura, people who believe that their efforts will be successful and that they are in control of events have a high level of: Self-efficacy.
Learn more about Self-efficacy here:brainly.com/question/1120411
