Economy 1
Systems 1
100
Mixed economy
what economy is a blend of market economy and command economy?
100
Federal System
what system of government splits between national and regional governments?
200
Traditional economy
what economy deals with decision making by customs and beliefs?
200
Confederal system
power resides in the regional Government?
300
Command economy
What is the type of economy that relies mainly on central government to determine what goods and services to produce?
300
unitary system
what system of government uses the constitution concentrates power in the regional and national government?
400
market economy
Government play little or no role and consumers are free to decide what to buy. what economy is this?
400
system of government splits between national and regional governments
What is federal system
500
deals with decision making by customs and beliefs
what does a traditional economy deal with?
500
the constitution concentrates power in the regional and national government
What is unitary system
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