Consumer Awareness Chapter 1 Study Guide

• True 

• False

• Are actions that are performed for you. Dentist whom fills a cavity.

• Are physical objects that are produced; may be foods or manufactured items.

• Dentist performing a cleaning

• iphone

• A taxi driver changing a station on the radio

• A number of laws passed by a Janitor

• Number of laws passed by lawmaking branch of the government.

• A number steps taken in a day

True or False: Agencies are specialized departments within government to watch over specific areas or industries.

• True

• False

Name the type of Economic system Cuba and North Korea has?

• Traditional Economic Systems

• Command Economic Systems

• Mixed Economic Systems

• Market Economic Systems

Which system is a system that relies on customers, history, and time - honored beliefs?

• Command Economic Systems

• Mixed Economic Systems

• Market Economic Systems

• Traditional Economic Systems

Which is the correct Economic systems?

• Traditional, Command, Mixed, & Market Basket

• Traditional, Command, Mixed

• Traditional, Command, Mixed, & Market

• Traditional, Commando, Mixed, & Market

True or False: Command Economic Systems is a system that relies on customers, history, and time - honored beliefs.

• True

• False

True or False: Mixed Economic System is a market economy with elements of a planned economy, markets with state interventionism

• True

• False