SS7E5

Which economy is dictated by supply and demand and the buyers and sellers?

• Market
• Socilaism 
• Mixed 
• Command 

In a command economy, who holds power over the economy?

• The people
• The government 
• Beyonce
• The traditions of your ancesetors 

Which of the following is an economic system in which economic decisions are made according to social roles & culture?

• Market economy
• Command economy
• Traditional economy
• Mixed economy

Which of the following is an economic system in which the government and individuals are used to decide how to use scarce resources?

• Market economy
• Command economy
• Traditional economy
• Mixed economy

A person who comes up with a product or service, and finds the money and time to produce this new product.

• Entrepreneur
• Incentive
• Specialization
• Barter

Anyone who makes or grows a good or performs a service.

• Barter
• Consumer
• Producer
• Profit

What is the economic system that the United States uses?

• Comand
• Market
• MIxed
• Traditional

Those products a country makes best and that are in demand on the world market.

• specialize
• specialization

The amount of a good that is available.

• supply
• demand
• scarcity
• opportunity cost

Goods sent out of the country for sale to another country

• imports
• exports
• profit
• kahoot