Question

1. the government controls production, and there is little private ownership of the means of production and distribution in a _____________ economy. *

traditional

private enterprise

market

command

1. government owns the basic means of production, but there is some private ownership of businesses under *

communism

capitalism

socialism

entrepreneurship

Explanation:

• For question 7: In a command economy, the government has significant control over production and there is limited private ownership of means of production and distribution.
• For question 8: In socialism, the government owns the basic means of production while allowing some private ownership of businesses.

Answer:

1. D. command
2. C. socialism