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