Question

SCREEN SHOT / MAX POINTS / WILL MARK BRAINLIEST Match the term to the definition. mixed economy The method a country uses to answer the three economic questions market economy The resources are owned and controlled by the people of the country economic system Combines elements of the command and market economies traditional economy Goods and services are produced the way it has always been done capitalism The resources are owned and controlled by the government command economy The private ownership of economic resources by individuals, rather than by the government

Answer 1

Answer:

Mixed economy - combined elements of the command and market economies

Market economy- The resources are owned and controlled by the people of the country

Economic system - The method a country uses to answer the three economic questions market economy

Traditional economy- Goods and services are produced the way it has always been done

Capitalism- The private ownership of economic resources by individuals, rather than by the government

Command economy- The resources are owned and controlled by the government command economy