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