Author Question: In mixed economies, economic behaviour is (Read 83 times)

am7272 · **on:** Oct 12, 2022

Question 1

In command economies, economic behaviour is
◦ directed by individual self-interest.
◦ largely affected by elements of tradition and market incentives.
◦ largely determined by a central authority.
◦ random and unpredictable.
◦ based primarily on custom and habit.

Question 2

In mixed economies, economic behaviour is
◦ based primarily on custom and habit.
◦ largely determined by a central authority.
◦ random and unpredictable.
◦ directed only by self-interest.
◦ affected by elements of tradition, government command, and market incentives.

delmiss · **Reply #1 on:** Oct 12, 2022

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