Which of the Following Are the Three Broad Types of Economic

question 39

Multiple Choice

Which of the following are the three broad types of economic systems?

• A) market economy, combined economy, production economy
• B) market economy, post-industrial economy, industrial economy
• C) combined economy, separate economy, mixed economy
• D) ordinance economy, production economy, political economy
• E) market economy, command economy, mixed economy

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Definitions:

Hostile Attribution Bias

The tendency to interpret others’ behaviors or intentions as having hostile or aggressive motives, often leading to aggressive responses.

Worst in People

Refers to the tendency to bring out or focus on the most negative aspects or traits in others, often due to cynicism or pessimism.

Downside to Extraversion

The potential negative aspects of being extremely outgoing, such as overcommitment or superficial relationships.

Risk Taking

The act or practice of undertaking actions that involve danger or risk in order to achieve a desired outcome.