In which type of economic system does the government control all economic resources and answer all economic questions? question 1 options: mixed traditional command market in a command economy the main economic characteristic is question 2 options: private ownership consumer sovereignty government regulation profit motivation a market economy depends upon question 3 options: private ownership and control of resources government ownership and control of resources an equal distribution of wealth limited competition and profits one weakness of market systems is that question 4 options: they do not meet the needs of the wealthy they allow producers very little freedom they cannot guarantee security and fairness they provide few choices for consumers " nunavut’s economy is historically based on the harvesting traditions of its inuit, who continue to maintain strong ties to the land. harvesting animals provides meat for food; fur and skin for clothing; and bones for tools, games and art. a recent study estimated the current harvesting economy is worth approximately $40 million annually." (nunavut economy, ) the previous excerpt about the nunavut community in canada best describes which kind of economic system? question 5 options: traditional command mixed market one main disadvantage of a command economy is that question 6 options: there are few incentives for efficiency there is too much consumer sovereignty public goods are not easily provided government regulation is hard to enforce which of the following is a strength of a market economy? question 7 options: lots of government regulation opportunity for profit guaranteed employment guaranteed equity which of the following is not one of the three basic economic questions? question 8 options: when to produce what to produce how to produce for whom to produce each year on black friday, walmart will hand out a certain number of vouchers to those in line first for certain deals such as televisions. this is an example of a market economy's use of which kind of allocation method? question 9 options: lottery authority first-come-first-served contests question 10 martha goes to the store, but decides not to purchase a new purse because she does not have enough money saved up to pay the $50 cost. this statement describes which of the following allocation methods? force personal characteristics price lottery