Another type of economy from a non-industrialize country trying to develop itself is called a Developing Economy.Group of answer choicesTrueFalseNext

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

Which type of economy discourages use of technolgy, maintains a lower standard of living and has trouble recouperating from nataural disasters.Group of answer choicesMarket EconomyTraditional EconomyCommang Econmy

Economic development refers to the improvement in a country’s: A. Housing and infrastructure.  B. Standard of living for all its people.  C. Average wealth.  D. Income.

Which type of economy has central ownership and lack of individual choice?Group of answer choicesCommand EconomyMixed EconomyTraditional EconomyNext

A term for a country that has an economy dependent solely on revenue from exporting a single product or commodity.Group of answer choicesBananasBanana RepublicGuatemalaPlantation