Author Question: An economic system that focuses on supply and demand in the marketplace and emphasizes minimal ... (Read 74 times)

stock

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An economic system that focuses on supply and demand in the marketplace and emphasizes minimal government regulation of the economy is called
 
  a. a command economy.
  b. mercantilism.
  c. colonialism.
  d. a laissez-faire economy.
  e. socialism.

Question 2

The first wave of European imperialism was characterized by what economic policy?
 
  a. Communism
  b. Mercantilism
  c. Laissez-faire economy
  d. Equal-exchange
  e. All of the above are true.



kmb352

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Answer to Question 1

D

Answer to Question 2

B



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