Intro to Economic Systems Vocab
Flashcard
•
Social Studies
•
6th Grade
•
Practice Problem
•
Hard
Wayground Content
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11 questions
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1.
FLASHCARD QUESTION
Front
4 economic systems:
Back
Traditional, Command, Market, & Mixed
2.
FLASHCARD QUESTION
Front
Economic system that produces what is needed to survive without money.
Back
Traditional Economy
3.
FLASHCARD QUESTION
Front
Economic system where all decisions are made by the government.
Back
Command Economy
4.
FLASHCARD QUESTION
Front
Economic system controlled by people, supply, and demand; no government control.
Back
Market Economy
5.
FLASHCARD QUESTION
Front
Economic system combining Command and Market?
Back
Mixed Economy
6.
FLASHCARD QUESTION
Front
In a __________ economy, they produce what they need to survive.
Back
Traditional
7.
FLASHCARD QUESTION
Front
In a __________ economy, the government controls everything.
Back
Command
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