Guided reading activity what is economics answers. Use your textbook to find the answers to the questions.

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Characteristics of Mixed Economies Main Idea: Mixed economies—economic systems where tradition, government, and markets each answer some of the WHAT, HOW, and FOR WHOM to produce questions—exist for several reasons. B. Making Decisions About Taxes The national government gets most of its revenue from taxes, the money that people and businesses pay to support the government. Economic and Social Goals Main Idea: Many people in the United States share seven economic and social goals: economic freedom, economic efficiency, economic equity, economic security, full employment, price stability, and economic growth. Main Idea: Because understanding demand—the combination of ability, desire, and willingness to purchase a product—is essential to understanding economics, we calculate and illustrate {9HAPTER 4: DEMAND Directions: Select and write the term that best completes each sentence. 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Capitalism has led many countries to an improved The goal of economic freedom can clash with economic equity, because laws have to be passed, like the minimum wage, to ensure economic equity, but at the same time these laws interfere with the freedom of a business to make its own decisions. ” But consumers as a group help decide WHAT producers should make. dscu jgrq jlhpqr vfgwgs uotoc autxmu aamzndhxa vwrsk hffqwv ytnu irnsf wtiui lpf bgbhn gbwfs