Select the term that best matches the given definition. Each term in this section will be used only one time. Group of answer choices individual business owners make economic decisions based on what consumers want [ Choose ] consumers, business owners, and government are all involved in decisions about the economy [ Choose ] government owns all property and businesses and makes the economic decisions for the nation [ Choose ]

The correct answer is -

1. Market economy

2. Mixed economy

3. Command economy

Explanation:

A market economy is an economy where all three important questions that are What to produce? , How to produce? , and For whom to produce? is answered by the owner of the business owner according to the demand of consumers.

A Mixed economy is an economic system that is mixed with the command and market economy as the government also involve in the process to answer the questions.

In command economy government decides what how and for whom products will be produces and other decisions.

trade regulation is a field of law, often bracketed with antitrust (as in the phrase “antitrust and trade regulation law”), including government regulation of unfair methods of competition and unfair or deceptive business acts or practices. antitrust law is often considered a subset of trade regulation law. franchise and distribution law, consumer protection law, and advertising law are sometimes considered parts of trade regulation law.

in general the theory of economics says that the more open to trade a country is the better   the result for the same country and the whole economies.

in real life countries impose taxes, quotas, etc which is not so good for the economies.

this kind of commercial war between the usa and china is slowing down the growth of the whole world so we can say that it is a draw back of trade regulations. and the free trade agreements are benefits of trade regulations.

answer; inductive techniques;