Economic Systems

Front

Karl Marx's book describing command economics.

Back

The Communist Manifesto

Front

Which pair of economic systems best completes this diagram?
Options: Mixed - Traditional, Command - Traditional, Mixed - Free Market, Free Market - Command

Back

Free Market - Command

Front

This list describes what type of economic system? Options: Command, Mixed, Free market, Barter

Back

Command

Front

Who has the most influence in a free market economic system? Options: Consumers, Producers, Suppliers, Lawyers

Back

Consumers

Front

Which phrase best completes the title of this diagram?
Options: Government Regulation, Industrial Productivity, Business Profit, Consumer Choice

Back

Government Regulation

Front

Which type of economy is being defined? Options: Command, Free market, Mixed, Traditional

Back

Traditional

Front

Who is the creator of free-market economics?

Back

Adam Smith

Front

Who is the creator of command economics?

Back

Karl Marx

Front

Adam Smith's book describing free-market economics.

Back

The Wealth of Nations

Front

A business that exists with no competition is called a ______.

Back

monopoly.