A) Market Economy B) Mixed Economy C) Command Economy D) Mixed Market Economy
A) False B) True
A) True B) False
A) Why will we have an economic system? B) How will goods and services be produced? C) Who will consume the goods and services? D) What goods and services will be produced?
A) a tax on imports B) limited supply of something C) % of adults that know how to read and write D) money people use to make trade easier
A) Command B) Traditional C) Mixed D) Market
A) Russia B) United Kingdom C) Germany D) France
A) there are no entrepreneurs in the EU B) the standard of living is low C) the currency differs from country to country D) there are no tariffs between the countries
A) euro B) ruble C) pound D) dollar
A) Trade Barriers B) Gross Domestic Product C) Entrepreneurship D) Foreign Exchange
A) buying new computer systems B) building new roads C) education and skills training D) building a new factory
A) building a new factory B) education and skills training C) buying new computers D) building new roads
A) a geologist B) an economist C) a banker D) an entrepreneur
A) embargo B) import C) export D) tariff
A) import B) export C) foreign exchange D) capital
A) computers B) oil C) gas D) coal
A) Russia does not have any issues with their natural resources B) Russia has natural resources but the location and the climate make it difficult to gain access to them C) Russia doesn't have any natural resources, they have to import everything D) Russia has natural resources but the government will not allow the businesses to access them
A) Command B) Market C) Traditional D) Domestic
A) Greece B) Germany C) United Kingdom D) Russia
A) euro B) quota C) embargo D) tariff
A) $45 B) $33.75 C) $22.50 D) $67.50
A) Yes B) No
A) Germany B) United Kingdom C) Italy D) Russia
A) The educational system is terrible and nobody knows how to read and write. B) Russia's economy isn't suffering. C) The people in Russia did not want to improve their standard of living. D) For years Russia did not invest in their capital resources. |