1.) Give the correct term for each of the following statement 1.1.1 The way in which economic activities are managed in a country \( \qquad \) - 1.1.2 the government decides how production will take place \( \qquad \) 1.1.3 An economy in which the economic activity of different countries is interrelated \( \qquad \)

The correct term for the way in which economic activities are managed in a country is "economic system." When the government decides how production will take place, this is referred to as "planned economy" or "command economy." An economy in which the economic activity of different countries is interrelated is often termed "global economy" or "international economy."