a.economic system in which basic economic decisions are made by a central authorityb.economic system in which basic economic activity stems from ritual, habit, or customc.relatively small degree of government interferenced.an organized way of providing for the wants and needs of a societye.economic system in which basic economic decisions are made by people and firms actingin their own best interests____6. economic system____7. traditional economy____8. command economy____9. market economy____ 1