NAME

Question Types


Start With


Question Limit

of 21 available terms

Advertisement Upgrade to remove ads

5 Written Questions

5 Matching Questions

  1. free enterprise
  2. capital
  3. central planning
  4. trade barrier
  5. nationalization
  1. a means of production
  2. b a block in international trade put in my place by the government
  3. c a characteristic of socialism in which the central government takes over certain industries , such as transportation and steel
  4. d the government that acts for all the states within the country
  5. e the capitalist system

5 Multiple Choice Questions

  1. the basic resources in an economic system
  2. the capitalist system
  3. an economy in which buyers and sellers decide what to make, how much to make, and for whom
  4. 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
  5. a combination of small farms that have been taken over by the government

5 True/False Questions

  1. subsidya government payment to the producer of a good or service

          

  2. traditional economyan economy is which people exchange goods and services

          

  3. capitalismmeans of production

          

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

          

  5. developing nationthe process of taking over privately owned property

          

Create Set