An economy is which the means of production are privately owned and goods and services are allocated based on supply and demand is referred to as command economic system free enterprise system mixed economic system traditional economic system

2points some observers have criticized cultural globalization because it: a. is often driven by the spread of new technologies in poor countries. o b. prevents young people from learning about diverse cultures. o c. can result in some traditional cultural institutions being replaced. o d. has failed to promote democracy outside western europe and the united states. submit