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5 Written questions

5 Matching questions

  1. technology
  2. quota system
  3. nationalization
  4. trade barrier
  5. factors of production
  1. a a characteristic of socialism in which the central government takes over certain industries , such as transportation and steel
  2. b a system that sets aside a certain number of jobs or admission openings for ethnic groups and women
  3. c the basic resources in an economic system
  4. d the practical application of science to commerce or industry
  5. e a block in international trade put in my place by the government

5 Multiple choice questions

  1. the capitalist system
  2. the process of taking over privately owned property
  3. an economy in which the government is involved in setting economic and social policies
  4. an economy is which people exchange goods and services
  5. a nation whose economy is based on farming and the export of natural resources

5 True/False questions

  1. industrializationthe growth of industries such as manufacturing

          

  2. market economyan economy in which the government is involved in setting economic and social policies

          

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

          

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

          

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

          

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