SS6E7 Review Flashcard
Flashcard
•
History
•
6th Grade
•
Practice Problem
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
I am economy based on traditions and customs. I also have a strong sense of community where everybody pitches in.
Back
Traditional
2.
FLASHCARD QUESTION
Front
I am total control over the economy. I make all the decisions and will TELL you what to produce, how to produce, and for whom to produce.
Back
Command
3.
FLASHCARD QUESTION
Front
We have ZERO government involvement. We can produce what we want and sell what we want to whomever we want without the government becoming involved.
Back
Market
4.
FLASHCARD QUESTION
Front
I am so mixed up! My economy has quite a bit of freedom to produce and sell what we want. However, there is some government control in what we do.
Back
Mixed
5.
FLASHCARD QUESTION
Front
Producers of goods and services can raise and lower prices as they want because there is NO government involvement. What type of economy is this?
Back
Market
6.
FLASHCARD QUESTION
Front
There is NO technology used in this economic system. Hunting, fishing and farming are examples of economic activities in this system.
Back
Traditional
7.
FLASHCARD QUESTION
Front
Germany, United Kingdom and Russia all share the SAME type of economic system.
Back
Mixed
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