SS6E1 Vocabulary Review

Which word means government makes all business/economic decisions

• Command Economy

• Market Economy

• Traditional Economy

• Mixed Economy

Which word means something that keeps on going, changing slowly over time

• Subsidy

• Contiuum

• Bartering

• Subsistence

Which word means timeframe goods must be produced

• Production Quota

• Supply an Demand

• Corruption

• Bartering

Which word means determines the prices of goods and services

• Bartering

• Supply and Demand

• Mixed Economy

• Subsistence

Which word means when a government-owned business, operation, or property becomes owned by a private, non-government party

• Subsidy

• Subsistence

• Privitize

• Continuum

Which word means economic model that allows citizens to determine what goods and services are produced

• Traditional Economy

• Mixed Economy

• Market Economy

• Command Economy

Which word means a person who actively challenges an established political or religious system, doctrine, belief, policy, or institution

• Graft

• Continuum

• Dissident

• Bartering

Which word means economic model that gives the government and citizens rights to business/economic decisions

United States has this type of economy

• Traditional Economy

• Market Economy

• Command Economy

• Mixed Economy

Which word means dishonesty or a criminal offense which is undertaken by a person or an organization

• Graft

• Subsidy

• Bartering

• Corruption

Which word means production of good needed for personal use/survival

• Bartering

• Subsistence

• Corruption

• Graft