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5 Written questions

5 Matching questions

  1. capitalism
  2. industrialization
  3. commune
  4. collectivization
  5. free enterprise
  1. a the capitalist system
  2. b a system in which buyers and sellers make their own choices about what to produce , how much to produce, and for whom
  3. c a combination of small farms that have been taken over by the government
  4. d the growth of industries such as manufacturing
  5. e the process of taking over privately owned property

5 Multiple choice questions

  1. a person who is organizes the other factors of production in order to produce goods and services and who risks his or her capital to run and own and run a business
  2. the government that acts for all the states within the country
  3. an economic system in which the government owns the basic means of production and decides how resources should be used
  4. an economy is which people exchange goods and services
  5. an economy in which buyers and sellers decide what to make, how much to make, and for whom

5 True/False questions

  1. free tradetrade without barriers

          

  2. developing nationa nation whose economy is based on farming and the export of natural resources

          

  3. capitala system in which buyers and sellers make their own choices about what to produce , how much to produce, and for whom

          

  4. mixed economyan economy in which buyers and sellers decide what to make, how much to make, and for whom

          

  5. factors of productiona characteristic of socialism in which the central government takes over certain industries , such as transportation and steel

          

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