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