Question

explain the following economic by feeling correct information in the circle capital economy socialist
economy mixed economy​

Answer 1

Capitalism is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand in the general market—known as a market economy—rather than through central planning—known as a planned economy or command economy.

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Answer 2

Answer:

Traditional, command, market, and mixed. These economies still produce products and services that are a direct result of their beliefs, customs, traditions, religions, etc. ... These areas tend to be rural, second- or third-world, and closely tied to the land, usually through farming.

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