Government and Economics

Front

Coach V. loves science and wants to become a doctor but he is learning how to make clay bricks like his father and grandfather.

Back

Traditional Economy

Front

Which of the following would reflect a country with a mixed economy? A combination of privately-owned industry and government control

Back

A combination of privately-owned industry and government control.

Front

Reign works in her office helping people start their own businesses. What type of economy is this?

Back

Market Economy

Front

The government owns all business and property

Back

Command Economy

Front

The people have basic rights (freedom of speech, protest, and religion).

Back

1st amendment

Front

Which of the four factors of production deals with natural resources found in the environment?

Back

Land

Front

The people have the right to own their own business and sell what they want

Back

Market Economy

Front

What helps with "Checks and Balances"? Options: The President, Lawyers, Three branches of government, Schools

Back

Three branches of government

Front

What does the Electoral College do?

Back

Elects the President

Front

How do you figure out price of good in a Market Economy?

Back

Supply and Demand