Rev 3 Unit 6 - 4 Types of Economies
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Other
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10th - 12th Grade
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Hard
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1.
FLASHCARD QUESTION
Front
The four types of economic systems are: Traditional, Command, Mixed, & Market.
Back
Traditional, Command, Mixed, & Market
2.
FLASHCARD QUESTION
Front
Which of the following is an economic system in which the government and people are used to decide how to use scarce resources? Market economy, Command economy, Traditional economy, Mixed economy
Back
Mixed economy
3.
FLASHCARD QUESTION
Front
Which of the following is an economic system in which economic decisions are made according to tradition & culture? Market economy, Command economy, Traditional economy, Mixed economy
Back
Traditional economy
4.
FLASHCARD QUESTION
Front
What is an economic system where only the government makes the economic decisions?
Back
command economy
5.
FLASHCARD QUESTION
Front
What type of economy do most countries in the world have?
Back
Mixed economy
6.
FLASHCARD QUESTION
Front
The country of North Korea has a dictator that makes all of the economic decisions. What type of economy is this?
Back
Command
7.
FLASHCARD QUESTION
Front
The government has little to no role in the production of goods in this type of economy.
Back
Market
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