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Match the economic system to its definition.

an economy where price signals, resulting from supply and demand forces within the economy, determine the allocation of resources and the production of goods and services

an economy where culture determines both the allocation of resources and the production of goods and services

an economy that takes elements from both a market economy and a command economy to allocate
resources and determine the production of goods and services

an economy where a central government determines both the allocation of resources and the production of goods and services


Match The Economic System To Its Definition An Economy Where Price Signals Resulting From Supply And Demand Forces Within The Economy Determine The Allocation O class=

Sagot :

The economy definition are given in this other as against the options

Mixed, Traditional, Market,Command economy.

What is meant by the term Economy?

In simple terms, economy can be defined as a system that accommodates the buying and selling of goods and services.

The production and consumption of goods and services also dictates the living standards of people in an economy.

Learn more about Economy here:

https://brainly.com/question/1106682

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