omparing Economics Systems
Answer the following questions.
1) Match the words with the descriptions.
der to make a profit
market economy
of property and resources
an economic system with little or no involvement by the government
economic system where individual may own private property and take a risk in or-
an economic system in which private industry and the government both have a role
an economic system that focuses on economic equality through public ownership
state-directed economy
a state-controlled economic system and ruling political party in which all products
and services are collected and redistributed by government agencies
another name for capitalism or free enterprise
the economy of socialism and communism
the socialist government takeover of a private industry for public use