An economic system where the question of economic problems is resolved by the government through a central planning board is called_________ economy.

.An economic system whereby the government controls the means of production and shares the wealth of the nation equally is called  _____________a. Communismb. Capitalism c.c. Socialismd. Oligarchy.

The way in which societies answer the three basic economic questions results in different economic systems, also known as ______ ; Your answer here;systems.

An economy based on total government control over economic decisions is a _____.A.traditional economyB.command economyC.market economyD.mixed economy

The parts of an economy that have to do with the borrowing, investing, or transferring of money are collectively referred to as the _____ system.

Which of the following is the best description of an economy as described in your textbook?Group of answer choicesIt is a system of power and authority to finance governments.It is a system of producing and distributing goods and services.It is a system of protecting the people from unsafe products.It is a system of checks and balances.