Question

Match the descriptions of different economic systems with their correct name.

An economic
system that uses
both free-market
and command
principles
?
Planned economy
An economic
system run by the
government
?
Mixed economy
An economic
system where
decisions are made
by producers and
consumers
?
Free-market economy

Answer 1

Explanation:Command and mixed economies are two different economic systems. In a command economy, the system is controlled by the government. A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand.

Answer 2

Step-by-step explanation:

An economic system that uses both free-market and command principles- Mixed economy

An economic system run by the government Planned economy

An economic system where decisions are made by producers and consumers Free Market