Business, 19.05.2021 06:10 joel3410

Economics! please HELP 1. Jeff wants to start a wildlife photography business. The government informs Jeff that wildlife photography is a frivolous business and does not benefit society. Instead, the government informs Jeff that he will take photos of train manufacturing for training programs.

What type of economic system does Jeff live in?

Command economy

Mixed economy

Market economy

Traditional economy

2. Select all that apply.

After the overthrow of capitalism, what did Marx see as the role of the new government?

Centralize the means of production.

Increase national production.

Transition to a government-free society.

Take control of transportation and communication services

3. What type of economy is this?:
90% of businesses are privately-owned.
Medical care for all individuals is free.
Parents, (both mothers and fathers) are guaranteed 12 months paid leave from work.
College education is free.
High tax rates. On average, half of a person’s income goes to taxes

Answers: 2

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Economics! please HELP 1. Jeff wants to start a wildlife photography business. The government infor...

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