Some Roles of Consumers in Two Economic Systems Mixed Economy
Market Economy
Influence some economic
decisions
Control economic decision
making
Make choices resulting
from scarcity
Make choices resulting
from scarcity
Purchase goods and services
from privately owned businesses
and Crown corporations
Purchase goods and services
from privately owned businesses
In a "Market Economy", consumers most directly determine the answer to
which of the following basic economic questions?
a. Where will goods be produced?
b. When will goods be produced?
c. Which resources will be used to produce goods?
d. What goods will be produced?

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