Relacionar Columnas Economic Systems (D)Versión en línea Match the various descriptions to the correct economic system por Ericka Rodriguez 1 Mixed System 2 Traditional System 3 Socialist System 4 Communist System 5 Capitalist System Government owns the means of production for basic goods The use of scarce resources (and nearly all other economic activities) stems from ritual, habit, or custom Nations economic decisions are the result of individual decisions by buyers and sellers in the marketplace A central authority/ government makes the major decisions about WHAT, HOW, and FOR WHOM to produce. An economic system that has some combination of traditional, command, and free enterprise systems