What type of economy does Cuba primarily have?
Economic Systems in Latin America Flashcards

Flashcard
•
Social Studies
•
6th Grade
•
Hard
Jessica Dundore
FREE Resource
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22 questions
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1.
FLASHCARD QUESTION
Front
Back
Command economy
2.
FLASHCARD QUESTION
Front
Lily and Joseph are the rulers of a small island nation. Which of the following best describes a command economy for their island?
Back
An economy where the government makes all economic decisions
3.
FLASHCARD QUESTION
Front
In a mixed economy like Brazil's, what role does the government play?
Back
The government regulates and supports both private and public sectors
4.
FLASHCARD QUESTION
Front
How does a free market economy primarily function?
Back
Through supply and demand with minimal government intervention
5.
FLASHCARD QUESTION
Front
Characteristic of traditional economies in a vibrant Latin American village with Tessa, John, and Karina?
Back
Economic decisions based on customs and traditions
6.
FLASHCARD QUESTION
Front
What is one potential impact of government policies on Cuba's command economy?
Back
Limited consumer choice due to government control
7.
FLASHCARD QUESTION
Front
Emma and Jayden are discussing the economic systems of Cuba and Mexico over lunch. Which statement do they agree on?
Back
Cuba has a command economy, while Mexico has a free market economy
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