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