This quiz by Mrs. Jablonski covers fundamental concepts of Economics and Government, exploring economic systems, questions, trade barriers, and specialization.
Command
Traditional
Mixed
Market
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The study of money in every country in the world
A system of production, distribution, consumption, and exchange of goods and services
The way that people spend and save the money that they earn at their jobs
Buying and selling in the global market place
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Embargo
Tarrif
Trade
Quota
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Communist
Democratic
Oligarchic
Autocratic
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What to prouduce? How to Produce? For Whom to Produce?
What to produce? How to Distribute? For Whom to Produce?
What is Traditional? What is Market? What is Command?
What is an Entrepreneur? How doe Entrepreneurs Contribute? Why are Entrepreneurs Important?
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The leader answers to the people
The legislature controls power
The leader is a prime minister
The are no checks and balances
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Traditional, Command, and Communist
Command, Mixed, and Market
Traditional, Command, and Market
Command, Mixed, Traditional
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When a trades with other countries
When a country makes things effectively to export to toher countries
When a country imports products they do not have in their home land
When a county stops making televisions or electronics
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Tarrif, Quota, Tax
Tarrif, Restriction, Embargo
Tarrif, Quota, Embargo
Tarrif, Barrier, Restriction
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Renewable resource
Human resource
Natural resource
Global resource
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Autocratic
Oligarchic
Democratic
Confederation
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There is a system of checks and balances
The leader is a president
The leader answers to the legislature
There is a separation of powers
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Federal
Unitary
Confederation
Autocratic
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