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