Buyers and sellers make the decisions. Options: Traditional, Communist, Free Enterprise System, Socialist
Economics

Flashcard
•
History, Social Studies
•
5th - 7th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
Free Enterprise System
2.
FLASHCARD QUESTION
Front
Supply and demand determines how much an item costs. What system does this describe? Options: Traditional, Communist, Free Enterprise System, Socialist
Back
Free Enterprise System
3.
FLASHCARD QUESTION
Front
Which type of economy is based on traditions and beliefs? Options: Command, Market, Traditional, Mixed
Back
Traditional
4.
FLASHCARD QUESTION
Front
Which type of economy is usually paired with a Communist government? Options: Mixed, Market, Command, Traditional
Back
Command
5.
FLASHCARD QUESTION
Front
Which type of economy is run by the businesses & business owners?
Back
Market
6.
FLASHCARD QUESTION
Front
What type of economy does the USA have? Options: Mixed, Market, Command, Traditional
Back
Market
7.
FLASHCARD QUESTION
Front
Types of shelter, language and entertainment are all examples of what?
Back
culture traits
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