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Economics Asked by a SnapAndSolve user · about 18 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.
Command-Leaning
Characteristic: Centralized decision-making by the government.
Mixed
characteristic: combination of government intervention and market forces.
Market-Leaning

Answer

  1. Command-Leaning: Centralized decision-making by the government. The X is placed towards the command side of the continuum.

  2. Mixed: Combination of government intervention and market forces. The X is placed in the middle of the continuum.

  3. Market-Leaning: The X is placed towards the market side of the continuum.

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