Economic-political system in which the government controls the use of the countrys factors of production Write the

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Economic-political system in which the government controls the use of the country’s factors of production Write the letter of the term that matches each definition. Some terms will not be used.

a. business cycles

b. capital goods

c. capitalism

d. command economy

e. communism

f. demand g. depression h. economic wants i. human capital j. inflation k. labor l. mixed economy m. natural resources n. private property o. privatization p. recession q. socialism r. supply s. utility

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Business Principles And Management

ISBN: 9781111571726

12th Edition

Authors: James L. Burrow, Kenneth E. Everard, Brad Kleindl

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