NEW
Font size
WorksheetsCommand vs. Free enterprise Economies
Total questions: 10
Worksheet time: 30mins
What is an advantage of a free-enterprise economy?
lots of choices
inequality (not equal)
always have a job
secure future
Which economy is described here: There is no competition, few job choices, and complete government control.
free enterprise
command
Monday, when we could choose what job you wanted and what you created, what economy were we simulating?
free enterprise
command
Which type of economy has outdated technology and very little choice in product?
command
free enterprise
What is an disadvantage of command economy?
no competition
little government control
advanced technology
quality over quantity
Which country had a command economy during the Cold War?
United Stated of America
The Soviet Union (Russian and satellite countries)
What is a disadvantage of a free-enterprise economy>
always has a job
lots of choices
unemployment
poor product quality
Which type of economy is ambition encouraged?
command
free-enterprise
What is one difference between a command economy and free-enterprise economies?
command economies have unlimited job choices and free enterprise does not.
free-enterprise has advanced technology and command does not.
free enterprise has poor quality and little quantity and command does not.
free enterprise and command economies are owned by the government
Private ownership, quality and quantity, and unlimited product choices are all advantages of what economy?
free enterprise
command
