Economics

Which type of economy means that people do traditional jobs, like farming, hunting and fishing to survive?

• Command Economy

• Traditional Economy

• Market Economy

• Communist Economy

This is where the economy is completely controlled by the government. People can't own resources and the government decides what will be produced and how much people will be paid.

• Traditional Economy

• Command Economy

• Market Economy

• Capitalist Economy

This is when the government controls only the parts of the economy that affect people's well being. Individuals and businesses run other businesses.

• Communist Economy

• Capitalist Economy

• Market Economy

• Socialist Economy

This is the type of government that Cuba has.

• Communist Economy

• Capitalist Economy

• Market Economy

• Socialist Economy

This is the type of government that the United States has.

• Communist Economy

• Capitalist Economy

• Market Economy

• Socialist Economy

US capitalism is sometimes called the __________.

• Free-Enterprise System

• Communist Economy

• Open Choice Economy

• Socialist Economy

Farming, mining, and fishing are __________ industries.

• Primary Industry

• Secondary Industry

• Tertiary Industry

• Quaternary Industry

This level of industry includes scientists who complete research and technology workers.

• Primary Industry

• Secondary Industry

• Tertiary Industry

• Quaternary Industry

This level of industry includes taking natural resources and using them to create a product to sell.

• Primary Industry

• Secondary Industry

• Tertiary Industry

• Quaternary Industry

This level of industry includes stores that sells goods to consumers.

• Primary Industry

• Secondary Industry

• Tertiary Industry

• Quaternary Industry