Two companies make competing brands of laptop computers. They each try to produce the best computer at
the lowest price to convince customers to buy from them.
Eventually, one company becomes very wealthy and
successful, while the other goes out of business.
The situation described in the passage would most likely take place in which
economic system?
A. Command economy
B. Market economy
C. Communist economy
D. Traditional economy

Multiple-choice the word "democracy" means: (a) "rule by the people" (b) "minority rule" (c) "individual rights" in a democracy, election results are protected against dishonesty by: (a) laws (b) customs (c) values the type of government in which the people are represented by elected officials is sometimes called a: (a) monarchy (b) republic (c) totalitarian state in most democracies, the only legal requirements for voting or holding public office are based on age, residence, and: (a) religion (b) citizenship (c) personal wealth in an election, political parties give voters a choice among candidates who tend to represent different: (a) ethnic groups (b) religious groups (c) interests and points of view