N. Am Gov't & Eco

Which of the following are the 3 main economic systems?

• Free Enterprise

• Command Economy

• Demand Economy

• Agriculture Economy

• Mixed Economy

Why might taxes be higher in a socialist economy?

• to punish the citizens

• to provide public services to citizens

• to control the citizens

Why are products often poorly manufactured in command economies?

• lack of competition because of fewer manufacturers

• cost of living is too expensive

• the government forced lower qualities for its citizens

Under free enterprise, one of the effects of 'private ownership' is ...

• the government is able to take control of resources needed for private companies

• low profits because of high government taxes

• many choices of high quality products

Which of the following is evidence of a country's shift from agricultural to industrial? (select 2)

• more free land in rural areas

• larges populations moving from rural to urban areas

• availability of jobs in large cities

• better education opportunities in conservative areas

The ___ became the leader in the world amongst non-communist countries after World War One.

• China

• Soviet Union

• Prussia

• United States of America

Which term best describes this image?

• rural

• urban

• domestic

• suburb

Which term best describes this image?

• rural

• urban

• domestic

• suburb

Which term best describes this image?

• domestic

• urban

• rural

• suburb

Exports are ___.

• goods sold to another country

• goods bought from another country

• goods owed to another country