Question

individuals and businesses own the means of production and distribution with limited government regulation in a ____________ economy.
a. market
c. socialist
b. traditional
d. communist

1. an example of a country that has a socialist command economy is

a. japan.
c. china.
b. sweden.
d. north korea.

1. which of the following cultures has a traditional economic system:

a. amazon rainforest communities
c. rural areas in denmark
b. villages in the rocky mountains
d. the republic of cuba

1. a country that currently has a communist command economic system is

a. japan.
c. north korea.
b. denmark.
d. india.
11.what type of economic system is used in the united states?
a. market
c. traditional
b. socialist command
d. communist command

Explanation:

1. In a market economy, individuals and businesses own the means of production and distribution with limited government regulation.
2. North Korea has a socialist - command economy.
3. Amazon Rainforest communities often have traditional economic systems based on customs and traditions.
4. There is no country with a communist - command economic system currently. The options provided are incorrect in this regard.
5. The United States uses a market economic system.

Answer:

1. a. market
2. D. North Korea
3. a. Amazon Rainforest communities
4. None of the above (as no country has a communist - command economic system currently)
5. a. Market