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Latin American Economics

Authored by Kristy Minchew

Geography

6th Grade

Used 6+ times

Latin American Economics
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40 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Economic system in which roles and jobs are inherited.

command

market

traditional

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Economic system in which roles and jobs are determined by the government.

command

market

traditional

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Economic system in which the citizens dictate what goods and services to sell.

command

market

traditional

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Economic system in which supply and demand make prices fluctuate.

command

market

traditional

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Economic system in which the government owns industries and resources.

command

market

traditional

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Economic system in which bartering is common.

command

market

traditional

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Economic system in which government controls wages and production quotas.

command

market

traditional

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