Question

Match each type of economy with its pattern of production

Answer 1

Socialist: Equal Results

Market: Based in supply and demand

Traditional: Based on traditions and customs

Communist: Government Controlled

there was no question so i think it was this hopefully it is right?

Answer 2

Answer:

Hi your question lack some vital information hence here is the complete question

traditional-

market-

socialist-

communist-

equal results for everyone

based on traditions and customs

based on demand and supply forces

controlled by the government

Answer :

• traditional - based on traditions and customs
• market - based on demand and supply forces
• socialist - equal results for everyone
• communist - controlled by the Government

Explanation:

Traditional Economy bases its production  methods/patterns on traditional beliefs and ways of doing things in the economy there is usually no room for advanced methods of production

Market based economy allows the demand and supply forces determine the amount and the level of goods and services it will provide into the open market for consumption. every type of economy has its advantages and disadvantages as well. the socialist economy rewards every worker in such economy equally there is usually no room for improvement by the workers because of lack of incentives for good work done.