Econ Study Guide Chapters 2 and 3
Authored by Annette Reichert
Other
11th Grade
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
level of economic prosperity
standard of living
economic system
standard of living
economic system
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
sell state-run firms to individuals
transition
privatize
transition
privatize
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
method used by a society to produce and distribute goods and services
economic system
economic system
product market
product market
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
one's own personal gain
standard of living
standard of living
self-interest
self-interest
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
government programs that protect people experiencing unfavorable economic conditions
interest group
safety net
interest group
safety net
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
political system characterized by a centrally planned economy with all economic and political power resting in the hands of the central government
communism
socialism
communism
socialism
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
belief that the government should not intervene
laissez faire
laissez faire
public disclosure laws
public disclosure laws
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