Examlex
Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Espionage Act of 1917, Sedition Amendment
Central Planning
A system of economy in which all choices about the creation and allocation of goods and services are made by the government or a central body.
Capitalist Form
A socio-economic system characterized by private ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.
Mixed Economy
An economic system combining private and public enterprise.
Private Sector
Refers to the part of the economy that is run by individuals and companies for profit and is not state controlled.
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