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