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.
economic
economic question
economic question
economic question
economic question
economic question