Economy (Systems)

Flashcard
•
Geography, Social Studies
•
7th Grade
•
Hard
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12 questions
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1.
FLASHCARD QUESTION
Front
Which type of economic system is people making and growing their own food?
Back
Traditional
2.
FLASHCARD QUESTION
Front
Most countries in the world, including the US, use what economic system?
Back
Mixed
3.
FLASHCARD QUESTION
Front
Competition between businesses is an example of what economic system?
Back
Market
4.
FLASHCARD QUESTION
Front
Which economic system is based on government control?
Back
Command
5.
FLASHCARD QUESTION
Front
In which economic system do people grow and make things based on history and tradition?
Back
Traditional
6.
FLASHCARD QUESTION
Front
In which economic system do people in business decide how things will be made or grown?
Back
Market
7.
FLASHCARD QUESTION
Front
What vocabulary word means the way in which goods and services are made, sold, and used in a country or area?
Back
Economy
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