Economic Systems in Latin America Flashcards

Economic Systems in Latin America Flashcards

Assessment

Flashcard

Social Studies

6th Grade

Hard

Created by

Jessica Dundore

FREE Resource

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22 questions

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1.

FLASHCARD QUESTION

Front

What type of economy does Cuba primarily have?

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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