Unit 6 Review: Economy (mid-unit)

Front

Which of the following is NOT a natural resource? oil, timber, paint, iron

Back

paint

Front

Which of the following would be a public service (provided by the government)?
manicure, car wash, netflix, trash collection

Back

trash collection

Front

What type of economic system does the United States have?

Back

mixed

Front

Which of the following is a capital resource? hammer, timber, water, sunlight

Back

hammer

Front

What type of economic system is described in the following scenario? The girl knew when she grew up she would weave baskets just like her mother and her grandmother did. The baskets would be traded with other goods at a nearby village.

Back

Traditional

Front

The human resources office in a company deals with:

Back

the employees who do the work

Front

People pay taxes so that:

Back

the government can provide public goods and services to the community

Front

An example of a good that ancient Rome could not produce and therefore traded to obtain the item was: glassware, grains, silk, olives

Back

silk

Front

Trade routes through the Mediterranean Sea were more efficient than overland routes because: More goods could be carried by boat, Boats could move faster than people and animals, The sea allowed for more direct routes between destinations.

Back

All of these answers are correct.

Front

In what type of economic system does a government makes all decisions about businesses and jobs?

Back

command