\fSECTION READING STUDY GUIDE 4 Modern Economies in a Global Age . Before You Learned To function well, . Now You Will Learn Modern economies market economies require the following: include aspects of traditional, command, and protection of private property rights, voluntary market economies and, increasingly, have exchange in markets, competition, consumer global ties. sovereignty, specialization, and minimal government involvement in most markets.\fMODERN ECONOMIES IN A GLOBAL AGE: CONTINUED APPLICATION Total Economic Government Government Activity (in Spending Spending as % of billions of (in billions Total Economic - Country dollars) of dollars) Activity Mexico 26.2 South 159 Korea Sweden 54.1 6. In terms of percentage, which government contributes the least to the country's economy?7. 0f the countries listed in the table, which do you think has an economy that leans the most toward a command system? Explain. 8. How does the economy of the country you named in question 7 compare with the economies of the other countries listed in the chart? Use numbers to support your