Economics

Economic system where government controls everything.

• Market
• Command
• Mixed
• Free Enterprise

Type of Economy that is half command and half market

• Traditional
• Command
• Market 
• Mixed

Which of these European countries has the least economic freedom and most government control?

• Germany

• Russia

• United Kingdom

• North Korea

Russia's economy is...

• Mixed

• Command

• Market

• Traditional

What is a tariff?

• Tax on imported goods

• To stop trading with a business or country

• A limit on imported goods

Restrictions on the amount of a good that can be imported into a country

• Tariff

• Embargo

• Quota

• Market economy

Used to buy goods or services

• Quota

• Currency

• Embargo

• Economic System

A person willing to risk his or her own money for to produce a product.

• Tariff

• Quota

• Entrepreneur

• Capital

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

• traditional economy

• command economy

• market economy

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

• traditional ecoomy

• command economy

• market economy