A _____ Economy Is an Economic System in Which the Interaction

question 45

Multiple Choice

A _____ economy is an economic system in which the interaction of supply and demand determines the quantity in which goods and services are produced.

• A) barter
• B) command
• C) market
• D) regulated
• E) centrally planned

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Definitions:

Political Parties

Organizations of people who share similar political goals and opinions, aiming to influence public policy by getting their candidates elected to office.

Technology

The use of scientific knowledge for practical purposes, especially in industry and in devices, methods, and materials that transform life and work.

Ward System

A system of electoral division or administrative unit, used in some cities for elections or organizational purposes.

At Large

A term used to describe a method of representation where officials are elected to serve the whole jurisdiction rather than a specific district within the jurisdiction.