The Eskimos that live in Alaska and others around the world , still live and practice traditions like their ancestors did 100s of years ago. This type of economy is called ____________________ (Objective 2.01)

Men and women have specific roles that has not changed over the years. Which economic would still hunt for food and gather materials for shelter.(Objective 2.01)

The Chinese government controls what is produced and plans/manages for the country and people. Which economic would is controlled by the government. (Objective 2.01)

The advantage of this economy, is that the standard of living is the same for for everyone. All the people is China will get the same basic healthcare and education.

What type of economy is this? (Objective 2.01)

Prices are set by supply and demand for goods and service in which economy? (Objective 2.01)

An advantage, People/business work to create the best goods and services for customers to buy in which economy? (Objective 2.01)

Prices are set by supply and demand for goods and service in which economy? (Objective 2.01)

Which economic system gives people fewer choices to buy different products? (Objective 2.01)

Which economic system has a government that takes care of the peoples needs AND allows business to take care of the peoples wants? (Objective 2.01)

The advantage of this economy is the freedom to buy and sell products. Which economy system is this?

(Objective 2.01)

The advantage of this economy is the government set safeguards for businesses. Example: The government set rules for restaurants to follow on ways to cook, store, and serve food; so people will not get sick.

Which economy system is this?

(Objective 2.01)

The disadvantage of this economy is taxes must be paid to government .

Which economy system is this?

(Objective 2.01)

The United States of America practices, which economy system is this?

(Objective 2.01)

In a ______________ market, people determine the demand for a product.

(Objective 2.02)

In a free market, if _______ sees the demand for the product they will make more, increasing the supply.

(Objective 2.02)

Look at the chart. This graph show a visual representation of _________ and ________.

(Objective 2.02)

Look at the chart. This graph help _________ the performance of the product over time.

(Objective 2.02)

Look at the chart. This graph helps to _________ the performance of the product over time.

(Objective 2.02)

Businesses and people enter the market in hopes of making ______________.

(Objective 2.02)

The desire to own something and the ability to pay for it is called _________________

(Objective 2.02)

The _____________ ___________ is the central bank of the United States.

(Objective 2.03)

_________ __________ is where shares of stock and other securities are bought and sold.

(Objective 2.03)

The physical location where stocks are listed and bought and sold is called _______ _______

(Objective 2.03)

Buying and selling goods and services on the Internet is called ________

(Objective 2.03)

When prices are going up, stock is bought because money is to be made, stock are going to be traded or bought in a ________ ______.

(Objective 2.03)

When prices are going down, there is a fear of losing money, stocks are sold quick so owners won't lose more money in a ________ ______.

(Objective 2.03)

The United State economy is both ________ and _____ economies.

(Objective 2.04)

In an market economy, which is NOT an advantage?

(Objective 2.04)

When the people pay taxes, the government provides services to take care of the peoples needs. Check ALL that is provided by the United States government.