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Economics Vocabulary SLIFEs

Economics Vocabulary SLIFEs

Assessment

Flashcard

Social Studies

6th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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14 questions

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1.

FLASHCARD QUESTION

Front

What type of economy is characterized by customs and traditions? Options: Market economy, Traditional economy, Mixed Economy

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Back

Traditional economy

2.

FLASHCARD QUESTION

Front

What are the entities that create goods and services in an economy? Options: Producers, Consumers, GDP

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Back

Producers

3.

FLASHCARD QUESTION

Front

???

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Back

Invest

4.

FLASHCARD QUESTION

Front

What type of economy is characterized by a combination of traditional, market, and government planning?

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Back

Mixed economy

5.

FLASHCARD QUESTION

Front

Nike is a ________.

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Back

Business

6.

FLASHCARD QUESTION

Front

Economic Continuum

Back

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7.

FLASHCARD QUESTION

Front

What is the term for individuals who create and manage businesses? Options: Entrepreneurs, Natural Resources, Human Capital

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Back

Entrepreneurs

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Microsoft

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Apple

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Others

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