SW Asia Economic Systems
Flashcard
•
Geography
•
7th Grade
•
Practice Problem
•
Hard
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29 questions
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1.
FLASHCARD QUESTION
Front
Which of the following is NOT one of the questions that all economic systems must answer: What to produce?; When will goods be produced?; Who will consume the goods produced?; How to produce?
Back
When will goods be produced?
2.
FLASHCARD QUESTION
Front
The economies of Israel, Saudi Arabia, Turkey, can be described as:
Back
Mixed Market
3.
FLASHCARD QUESTION
Front
What is the name of an economic system that is controlled by the government?
Back
Pure Command
4.
FLASHCARD QUESTION
Front
What is the name of the economic system that is based on only supply and demand?
Back
Market
5.
FLASHCARD QUESTION
Front
The term used to describe trading without money.
Back
Bartering
6.
FLASHCARD QUESTION
Front
True or False: Most modern countries have Traditional economies.
Back
False
7.
FLASHCARD QUESTION
Front
A scale from 1-100 that ranks economies is called _________________.
Back
Economic Continuum
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