identifying economic systems\nread the following scenarios and identify the type of economy that is being…

identifying economic systems\nread the following scenarios and identify the type of economy that is being described.\nwhile i might not have everything i want, i know that my basic needs are going to be met.\nin my country, individuals and the government both have a say in how the economy functions\nthe government has no control over the market. everything is determined by marl\nmy family has done the same job and lived on the same property for four generati\nmixed market\ntraditional\nfree market\ncommand

identifying economic systems\nread the following scenarios and identify the type of economy that is being described.\nwhile i might not have everything i want, i know that my basic needs are going to be met.\nin my country, individuals and the government both have a say in how the economy functions\nthe government has no control over the market. everything is determined by marl\nmy family has done the same job and lived on the same property for four generati\nmixed market\ntraditional\nfree market\ncommand

Answer

Brief Explanations:

  1. "Mientras que quizás no tenga todo lo que quiero, sé que mis necesidades básicas serán satisfechas. En mi país, individuos y gobierno tienen voz en cómo funciona la economía": Esta descripción se ajusta a una economía de mercado mixta, ya que combina elementos de libre mercado (individuos) y control gubernamental para garantizar necesidades básicas.
  2. "El gobierno no tiene control sobre el mercado. Todo está determinado por el mercado": Esto es una economía de libre mercado, donde el mercado determina la producción, distribución y precios.
  3. "Mi familia ha hecho el mismo trabajo y vivido en la misma propiedad durante cuatro generaciones": Esto se asemeja a una economía tradicional, basada en costumbres y tradiciones heredadas a lo largo de generaciones.

Answer:

  1. mixed market
  2. free market
  3. traditional