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OpenStudy (blaynebrocwell):

If the government of the United States took over the auto and steel industries, how would this affect our economy? Our traditional economy would become more of a command economy. Our mixed economy would become less of a command and more of a market economy. Our mixed economy would become less of a market and more of a command economy. Our mixed economy would become less of a command and more of a traditional economy. @aziaboo45 @qwertty123 @ILovePuppiesLol @luigi0210

ILovePuppiesLol (ilovepuppieslol):

hello i will help in a bit

OpenStudy (blaynebrocwell):

ok thanks

ILovePuppiesLol (ilovepuppieslol):

do u know what each of the type of economies means?

ILovePuppiesLol (ilovepuppieslol):

@blaynebrocwell

ILovePuppiesLol (ilovepuppieslol):

Although the United States is often regarded as a capitalist system, it is actually a “mixed economy.” Adam Smith emphasized that private property rights, freedom of choice and competition are necessary and fundamental elements of pure capitalism. http://www.uncg.edu/bae/bbt/capitalism/mixed_economy.html

ILovePuppiesLol (ilovepuppieslol):

we are mixed

ILovePuppiesLol (ilovepuppieslol):

http://www.britannica.com/topic/command-economy command economy is when the government controls the economy more

ILovePuppiesLol (ilovepuppieslol):

so it goes from mixed economy to more of a command economy

OpenStudy (blaynebrocwell):

so its not A

ILovePuppiesLol (ilovepuppieslol):

yes, so which do u think

OpenStudy (blaynebrocwell):

i say C but idk forsure

ILovePuppiesLol (ilovepuppieslol):

ur right

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