5 Questions
Which term describes someone who acquires goods and services for their own personal use?
Consumer
What type of economy does the United States have?
Market economy
In a market economy, who decides what to produce?
Producers
What does the term 'market' refer to in the given text?
The entire activity of buying and selling
What is the role of the government in a market economy?
It does not tell producers what to make
Test Your Reading Skills: Assess Donavan's Comprehension and Fluency Abilities
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
