Jaylah Ibarra

History

24 September, 15:53

Select all that apply. Which is true of the types of economies discussed in this lesson? A traditional economy primarily uses money to buy and sell items. Countries in a command economy are open to entrepreneurs and private businesses. Countries that are mixed economies blend government ownership of industries as well as private ownership businesses. There are no pure market economies in the world. Market economies reflect a laissez-faire position in terms of allowing private businesses make economic decisions and open new industries.