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