In France, government actions and market forces together guide the economic activities. Prices of goods and services are determined by the government and private sector. Determine, what type of an economic system France is following? a. Command economic system b. Socialist economic system c. Mixed economic system d. Free market economic system
In France, government actions and market forces together guide the economic activities. Prices of goods and services are determined by the government and private sector. Determine, what type of an economic system France is following? a. Command economic system b. Socialist economic system c. Mixed economic system d. Free market economic system
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter2: Economic Systems And The American Economy
Section: Chapter Questions
Problem 1AA
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In France, government actions and market forces together guide the economic activities. Prices of goods and services are determined by the government and private sector. Determine, what type of an economic system France is following?
a.
Command economic system
b.
Socialist economic system
c.
Mixed economic system
d.
Free market economic system
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