Match each term in Column A with its definition in Column B.
I
Column A
Column B
1. mixed economy
a. an economic system in which economic de-
cisions are made by the government
2. incentive
b. an economic system in which people's roles
are the same as those of their parents
3. means of production c. an economic system with some free enter-
prise and some government ownership
4. economic system d. an expectation that an activity will make a
profit
5. what, how, who e. the way a group organizes itself for pro-
duction
6. traditional economic f. an economic system where decisions result
system
from buyers' and sellers' actions
7. market economic g. basic economic questions that all societies
system
must answer
8. command economic h. an economy's capital goods, which are used
system
to produce other goods and services

Respuesta :

Answer:1.C 2.D 3.H 4.E 5.G 6.B 7.F 8.A

Explanation:

However he wants also for us to answer the other 10 questions after the mix and match before you submit.Good luck

The correct matches are 1-c,2-d,3-h ,4-e,5-g,6-b,7-f and 8-a.

What are the types of economic system?

There are 4 types of economic system i.e. traditional economic system, command economic system, market economic system and mixed system.

The correct match are as follows-:

1. Mixed economy -  An economic system with some free enterprises and some government ownership.

2. incentive - an expectation that an activity can make profit.

3.means of production - an economy's capital goods which are used tp produce other goods and services.

4. economic system- the way a group organizes its production.

5. what, how, who- basic economic questions that all societies system has.

6. traditional economy - an economic system in which people roles are same as those of their parents

7. market economic- an economic system where decisions results system.

8. command economic - an economic system in which decisions are made by government.

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