QUESTION IMAGE
Question
pregunta 7 (2 puntos)
a modified free enterprise system is the circular flowchart with the ____ added to it.
a income
b market
c taxes
d government
pregunta 8 (1 punto)
the group most associated with a traditional economy is/are the ____.
a north koreans
b nazis
c inuits
d maya
Pregunta 7
In a modified free - enterprise system (a type of economic system), the circular flow chart (which shows the flow of goods, services, and money between households and firms) is modified by adding the government. The government plays a role in taxation, spending, and regulation, which affects the circular flow. Income is part of the original circular flow (between households and firms), the market is the context of the circular flow, and taxes are a tool of the government, not the main addition to the circular flow chart in a modified free - enterprise system. So the correct option is the one with government.
A traditional economy is based on customs, traditions, and barter, and often involves subsistence activities. The Inuits (Eskimos) have a traditional economic system based on hunting, fishing, and gathering, with strong cultural and traditional ties to their economic activities. North Korea has a command economy, the Nazis were a political group in a market - based (with significant state intervention) economy in Germany, and the Maya had a pre - modern economy that was more complex but not the most associated with a traditional economy in the modern understanding compared to the Inuits. So the group most associated with a traditional economy is the Inuits.
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d. government