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Economics Asked by a SnapAndSolve user · about 8 hours ago

Characteristics Write 1 characteristic of each economic model. Continuum Place an X where this economic...

Characteristics
Write 1 characteristic of each economic model.
Continuum
Place an X where this economic model falls on the continuum.

Answer

  1. Characteristics: A characteristic of a market economy is that it is driven by supply and demand with little government intervention.

  2. Continuum: In a typical economic continuum, a market economy would be placed towards the right, indicating more economic freedom and less government control.

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