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sertanlavr [38]
3 years ago
11

Write down the key terms that match the following definitions.

Social Studies
1 answer:
tia_tia [17]3 years ago
7 0
<h2>The following are the key terms matching their definitions: </h2>

Command Economy: A system where the government tells producers what and how to .

Planned Economy: An economic system run by the government.  

Socialist Regime:<u> </u>A system aimed at equality of wealth among its members.

Theory: An idea about how something should be organized.

Minimum Wage: The lowest hourly wage that can legally be paid to an employee.

Mixed Economy: A system that follows both free-market and command principles.

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Protectionist trade policies are instituted in order to reduce imports from other nations while international trade policies are done to improve trade and imports.

This means that international policies work to mitigate protectionist policies by encouraging international trade.

Find out more on international trade agreements at brainly.com/question/1465144.

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