Question 1
When discussing types of economic systems, the Canadian economy is best described as
◦ a mixed economic system.
◦ a command economy.
◦ primarily a public ownership economy.
◦ primarily free-market decision making.
◦ traditional.
Question 2
With regard to various economic systems, most economists agree that
◦ government intervention in the economy is only justified in time of war.
◦ most production and consumption decisions are more efficiently coordinated by markets than through central planning.
◦ the mix of market and command principles that exists in Canada is the best.
◦ command economies have been very successful in distributing income in socially just ways.
◦ the optimal mix of market and command systems remains constant over time.
Representative vertebrate circulatory systems.
Systems Analysis and Design, 10th Edition
economic question
economic question
economic question
Political and Economic Systems