_____ 1.
Traditional Economy Economic decisions are
determined by custom and habit
_____ 2.
the military Economic decisions are
determined by the government
_____
mixed economy 3.
Economic decisions are made by individuals
who decide what to produce and what to buy.
_____
collective farms4.
Has characteristics of a free market
and free enterprise as well as some government
planning and control.
_____
market economy 5.
In the years after the communist revolution,
the Chinese government organized farmers into
_____ 6.
command economy The Japanese economy has to
make up for the country’s lack of
_____
natural resources 7.
The government of North Korea has spent a
great deal of the country's money on