Economy where most goods and servicesare offered by private companies.2. Economy where the government ownsand offers all the goods and services.3. Economy where both government andprivate businesses are involved in goodsand services.4. An economy with no governmentregulation would be completely ____.5. When one company controls an entireindustry without any competition.6. Laws that prohibit monopolies and otheractivity that reduces competition7. The first anti-trust act.8. The anti-trust act enacted in 1914.9. The government agency created to stopcompanies from competing unfairly goesby these three letters.10. A tax on goods from other countries

Which economy has little to no government interference?Group of answer choicesNo answer text provided.Market EconomyTraditional EconomyMixed Economy

Which type of Economy must use government intervention to offer national defense, highway systems, education and environmental protection to its societal members?Group of answer choicesTraditional EconomyCommand EconomyMixed EconomyMarket Economy

Which type of economy has a government that plays a role in a few sectors but basically lets society take the economic lead?Group of answer choicesTraditional EconomyMixed EconomyCommand EconomyMarket EconomyNext

Fill in the blanks. Britain created a ______________ so that companies could have ____________, and help Britain prosper through the economic system known as ___________   1 pointa) Monopoly, mercantilism, epidemicb) Charter, monopolies, mercantilismc) Colony, territory, capitalismd) Trade route business, capitalism

A free enterprise system is also called ____________ or a market economyResponsescapitalismcapitalisma mixed economya mixed economycommunismcommunisma dictatorship