In Both the U

question 63

Multiple Choice

In both the U.S.and Canada,most,but not all,of economic resources are owned and controlled by private parties who make decisions as to how to use those resources with somewhat limited interference from government.As such,these economies are examples of

• A)The pure command economy
• B)Mixed economies,though closer to the market end of the spectrum
• C)Mixed economies,though closer to the command end of the spectrum
• D)The pure market economy
• E)The communist economy

---

Definitions:

Prescriptive

Offering or providing recommendations or guidelines on how something should be done.

Specialized Role

A position that requires specific skills and knowledge, tailor-made to perform particular tasks within an organization.

Social Process

An ongoing sequence of interactions and adjustments between individuals or groups in a society, shaping cultural and social development.

Descriptive Theory

A theory that explains how something works or describes the characteristics and behaviors of phenomena without making predictions.