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