A) The barter system B) Large scale manufacturing C) Subsistence agriculture D) Hunting and gathering
A) Establishing a mercantile system of trade B) Working in an industrialized cities C) Serving in government assemblies D) Having the same occupation as their parents
A) Wholesalers of agricultural goods make most of the decisions B) Supply and demand are determined by consumers of foodstuffs C) Manufacturers of industrial goods control the resources D) Officials of the government control all aspects of economic activity
A) Command, Mixed, Free Enterprise B) Free Enterprise, Mixed, Command C) Mixed, Command, Free Enterprise D) Free Enterprise, Command, Mixed
A) The restoration of a bartering system in developing countries B) The organization of workers’ unions in industrialized nations C) The privatization of business and production of goods and services D) The government ownership, control and regulation of property
A) Prices are fixed by agreements among business leaders and labor unions B) The government sets the prices of products and the quantity of goods C) All industries except smaller businesses are controlled by the government D) Prices change according to changes in the supply and demand for products
A) Prices are set by consumers B) A variety of economic incentives encourage business growth C) Resources are allocated by government decisions D) There is a high rate of unemployment
A) The success of the agricultural sector controls the manufacturer's goods B) Trade policies mandated that imports exceed exports C) They allow the laws of supply and demand to control the economy D) They determine the type and quantity of goods to be produced through Five Year Plans
A) Traditional B) Socialist C) Free Enterprise D) Communist
A) Government officials B) Consumers C) Farmers D) Bankers |