Economic Systems
Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Wayground Content
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15 questions
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1.
FLASHCARD QUESTION
Front
Which of the following is a country which operates under a traditional economy? Options: North Korea, Cuba, Ecuador, Sweden
Back
Ecuador
2.
FLASHCARD QUESTION
Front
Which of the following is NOT one of the four economies the United States has experienced? Agricultural economy, Industrial economy, Service economy, Technology economy
Back
Technology economy
3.
FLASHCARD QUESTION
Front
Which of the following is a country which operates under control/socialism? Options: France, Mexico, Canada, Italy
Back
France
4.
FLASHCARD QUESTION
Front
What does an entrepreneur NOT do with the risks of a business or enterprise? Options: Manages, Assumes, Organizes, Displaces
Back
Displaces
5.
FLASHCARD QUESTION
Front
Which economic system allows citizens full freedom in choosing a career and workplace? Options: Capitalism, Fascism, Socialism, Communism
Back
Capitalism
6.
FLASHCARD QUESTION
Front
Which of the following is NOT one of the three main economic systems? Communism, Fascism, Socialism, Capitalism
Back
Fascism
7.
FLASHCARD QUESTION
Front
Complete governmental control is a characteristic of which of the three main economic systems?
Back
Complete control is not a characteristic of any of the three main economic systems
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