Question

Each country has a unique economic system to allocate its scarce resources. However, the economic system of most of the world's nations are a combination of the ______ system and the ______ system.

Answer 1

center planning ; Price.

Step-by-step explanation:

the blank will be filled with central planning; Price.

center planning system is the system in which the decision is taken by the central government.

Most of the world's nation believe in the central planning system for economic decisions.

The price system is the system in which money is used for the valuation and distribution of goods and services.