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