Econ Vocab 2023

Econ Vocab 2023

Assessment

Flashcard

Social Studies

7th Grade

Hard

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13 questions

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1.

FLASHCARD QUESTION

Front

In a traditional economy, economic decisions are made by:

Back

Learned by customs and habits.

2.

FLASHCARD QUESTION

Front

Economics continuum line shows the mix of command (government) and market (consumers) in a country's economy.

Back

How much command (government) and market (consumers) mix is in a country’s economy.

3.

FLASHCARD QUESTION

Front

Ron Weasley's twin brothers?

Back

Fred and George

4.

FLASHCARD QUESTION

Front

If 1 USD = 23 MXN, which country has a stronger economy?

Back

America

5.

FLASHCARD QUESTION

Front

If a government makes most economic decisions, its position on the economic continuum is:

Back

Very close to the command end.

6.

FLASHCARD QUESTION

Front

Original districts count?

Back

13

7.

FLASHCARD QUESTION

Front

Exchange rates vary due to changing economies.

Back

Rates change daily because economies are changing daily.

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