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raquelmone
Flashcards by raquelmone, updated more than 1 year ago
raquelmone
Created by raquelmone about 10 years ago
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Question Answer
what is economics the study of the production , distribution ,and the use of goods and services.
what is an entrepreneur? a person who takes risk to start a business
what type of economy is based on elements of traditional , command , and market economies? a mixed economy
what happens in a pure market economy? the government plays no role
the economy that is based on customs and traditions is called ---------- . traditional economy
what occurs in a command economy?
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