A System in Which Individuals, Rather Than the Government, Make

question 59

Multiple Choice

A system in which individuals, rather than the government, make the majority of economic decisions is commonly referred to as a ________.

• A)command economy
• B)market economy
• C)private economy
• D)mixed economy

---

Definitions:

Alveoli

Tiny air sacs in the lungs where the exchange of oxygen and carbon dioxide takes place, crucial for respiratory function in mammals.

Elasticity

The ability of a material or body to resume its normal shape after being stretched or compressed.

Parabronchi

Minute tubular air passages within the lungs of birds through which respiratory gas exchange occurs, part of their highly efficient respiratory system.

Birds

Warm-blooded vertebrates characterized by feathers, beaks without teeth, and laying hard-shelled eggs.