
Unit 8 - Economy
Authored by Brenda Silva
History
11th Grade
Used 3+ times

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29 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Define Economy: The way ___ and ___ are produced and consumed
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Define producer: Someone who ___ (with hands) goods or ___ (with hours) services
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Define Consumer: Someone who ___ (a word for buys) goods and services
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Define Market: Where the buying and selling takes ___
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
What are the two main basic types of economic system?
-___ (USA)
-___ (North Korea)
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Free Market:
-___ (ca--one)
-Most good and services are offered by ___ (public or private) companies
-Mixed economy: Free market economy in which there is ___ (lot or little) government oversight and the government owns ___ (lot or little) good and services
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Command:
-___ (not this but a republican?)
-The ___ (group of people) owns and offers all goods and services
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