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Question
question 2 (1 point) listen countries have strong differences in economic institutions: the u.s. is extremely _____. cuba has a _____ and canada is a mixture of both. high - income; low - income technological; shortage of technology market - oriented; command economy regulated; lack of regulation
To solve this, we analyze economic systems. The U.S. has a market - oriented economy (driven by market forces). Cuba has a command economy (government controls production and distribution). Canada has a mixed economy (combining market and command elements). Let's check the options:
- Option "high - income; low - income": This is about income levels, not economic institutions. Eliminate.
- Option "technological; shortage of technology": This is about technology, not economic institutions. Eliminate.
- Option "market - oriented; command economy": Matches the economic systems of the U.S., Cuba, and the mixed nature of Canada.
- Option "regulated; lack of regulation": The U.S. has some regulation, but it's mainly market - oriented, and Cuba has a command economy (not a lack of regulation). Eliminate.
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C. market - oriented; command economy