US Economy

In a _____________ economy, there is some government control and some free enterprise.

• mixed

• communist

• traditional

• supply

Demand is said to control the ____________ of consumer goods.

• scarcity

• enterprise

• supply

• mixed

Americans are free to manage their own ____________

• state

• property

• government

• laws

The federal ______________is a plan for spending by the government.

• budget

• government

• economy

• market

_______________ and quotas are the main ways the United States government controls trade.

• Products

• Tariffs

• Foreign

• International

The _____________ is involved in the economy because it makes laws to protect businesses.

• business

• foreign trade

• government

• global economy

The study for how people's needs and wants are provided is ________________.

• scarcity

• mixed

• economics

• enterprise

What is the national debt?

A term that means there is not enough of something is ____________.

• supply

• economics

• scarcity

• enterprise

What does the federal reserve do?