Match the definition in column 1 with the economic term in column 2.
2 answers:
Answer: All known historical and modern economies are examples of mixed economies, though some economists have critiqued the economic effects of various forms of mixed economy.
Explanation:
Answer:
consumption -> USING goods and services
specialization -> production focused on specific tasks or topics
capitalism -> free markets and private ownership
production -> CREATING goods and services
Explanation:
took the test , i put certain words in caps so u wouldn’t get confused with the two
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