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Type: Multiple-Choice
Category: Economics
Level: Grade 7
Author: eroberts1414
Created: 8 years ago

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Grade 7 Economics

Why are most modern economies referred to as "mixed" economies?
  1. Poverty is always highest in countries with market economies
  2. Most countries have aspects of market and command economies
  3. Government planners do not know how to handle economic problems
  4. Products made by traditional economies have no markets in the modern world.