When Discussing Types of Economic Systems,the Canadian Economy Is Best

question 131

Multiple Choice

When discussing types of economic systems,the Canadian economy is best described as

• A)primarily a public ownership economy.
• B)primarily free-market decision making.
• C)traditional.
• D)a command economy.
• E)a mixed economic system.

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Definitions:

Information Technology

The employment of computers, storage systems, network components, and other tangible resources, along with various procedures, to generate, process, maintain, safeguard, and share any type of digital data.

Innovation

The act of introducing something new or improving an existing product, service, or process.

Entrepreneurship Major

An academic program focusing on teaching students how to start, manage, and grow their own businesses, including lessons on innovation, business planning, and risk-taking.

Self-Starters

Individuals who begin or carry out tasks without needing external encouragement or pressure, showing initiative and motivation.