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Return to Mocha
Terms in this set (29)
What economy is Mocha Island?
What economy is the Caraways?
What economy is the Oreganos?
What government is Mocha?
What government is the Caraways?
What government is the Oreganos?
A market economy is run by what two things?
Supply and demand
Religion plays a large role in this economy.
When a country or culture focuses on a certain product.
The narrator of Return to Mocha?
The ballet dancer with great ideas?
The Oreganos traded what with Mocha?
The Caraways traded what with Mocha?
Mocha traded what with the Oreganos?
Mocha traded what with the Caraways?
Who wanted to advertise on the radio?
Who invented the cars on Mocha?
United States is an example of which economy?
Cuba is an example of which economy?
Which economy relies on supply and demand?
This economy has the government decide prices and production.
This economy usually does not trade with other countries.
This type of government has a king and queen.
What is the first fundamental question?
What to produce?
What is the second fundamental question?
How to produce it?
What is the last fundamental question?
For whom to produce it?
This island was run by the "Wise One".
Who convinced the Caraways to trade?
social science that examines how societies use scare resources to produce and distribute goods and services that satisfy peoples' wants and needs.
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