2. Canada is definitely a mixed economy. Complete the chart below describing what elements of the free market system Canada has and what elements of a command system Canada has:

Canada’s economy is like a free market economy in the following ways…. Canada’s market is like a command economy in the following ways…

Canada’s economy is like a free market economy in the following ways:

Canada is one of the world's richest countries.The Canadian economy has historically been based around trading natural resources, but is now dominated by the "service" sector.As with other developed nations, the country's economy is dominated by the service industry which employs about three quarters of Canadians.The government helps the market in many ways such as health care, environmental care, education, etc.

Canada’s market is like a command economy in the following ways:

Extreme Tax ratesLowered income for healthcare workersAspects of its economy show where private sectors, such as corporations and consumers, determine pricesIt does have “free enterprise”, which is competition between businesses.

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