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