Latin America Voluntary, Government & Economic Systems

1. What are the three economic systems?

• Traditional
• Command
• Market
• All of the above

2. Most countries in Latin America have mixed economies

• True
• False

3. What type of economic system does Mexico has?

• Mixed
• Market
• Command

4. What percentage is free in Mexico?

• 65%
• 25%
• 35%

5. What percentage of Mexico is command?

• 35%
• 20%
• 80%

6. What is the second largest economy in Latin America?

• Brazil
• Cuba
• Mexico

7. What is Latin America LARGEST economy?

• Brazil
• Mexico
• Cuba

8. Citizens are generally free to make most economic decisions themselves.

• Mexico
• Brazil
• Cuba

9.They own businesses and citizens own much of the land, resources, and factories.

• Brazil
• Mexico
• Cuba

10.The government operates the oil-industry, a leading source of income for the country.

• Brazil
• Mexico
• Cuba