Civics 7 -- Four Economic Questions

Question 1

If consumers lose interest in a good or service the businesses providing must find another _.

Accepted Answer

niche

Question 2

The seat of Alabama government, growth in state civil service jobs fueled growth.

Accepted Answer

Montgomery

Question 3

_ decide what to produce through demand in a market economy.

Accepted Answer

Consumers

Question 4

_ economies use the same methods to produce goods (mainly food) from generation to generation.

Accepted Answer

Traditional

Question 5

The lack of _ in a traditional economy limits production because resources are not multiplied.

Accepted Answer

technology

Question 6

Command economies promise economic security and stability through _; this has not worked.

Accepted Answer

planning

Question 7

The second basic economic question is “_ goods and services be produced?

Accepted Answer

How will

Question 8

This Alabama city grew as a rail hub for regional agriculture, especially peanut farming.

Accepted Answer

Dothan

Question 9

The _ decides what will be produced in a command economy. It decides how goods are produced.

Accepted Answer

government

Question 10

If consumers want and will buy some good or service _ will be attracted to enter the market.

Accepted Answer

businesses

Question 11

_ must find efficient ways to produce goods to keep costs low, therefore increasing profits.

Accepted Answer

Producers

Question 12

Traditional economies must focus on the production of ___ because they are inefficient.

Accepted Answer

food

Question 13

In command economies the ___ Party members got the best and most of what was produced.

Accepted Answer

Communist

Question 14

International trade caused it to grow into one of the largest cities in Alabama.

Accepted Answer

Mobile

Question 15

The fourth basic economic question is “_ the goods and services produced?”

Accepted Answer

Who gets

Question 16

Supply and price are decided by _ in a command economy.

Accepted Answer

bureaucrats

Question 17

An insect that attacks cotton plants; it forced Alabama to diversify into other activities.

Accepted Answer

boll weevil

Question 18

Consumers decide whether to buy a good at a particular ___ in a market economy.

Accepted Answer

price

Question 19

_ economies are free from government interference and operate on the basis of supply & demand.

Accepted Answer

Market

Question 20

_ decides who gets land, jobs, and leadership status in a traditional economy.

Accepted Answer

Inheritance

Question 21

The Alabama city that grew as workers moved to take jobs in the steel industry.

Accepted Answer

Birmingham

Question 22

The third basic economic question is “_ will be produced?

Accepted Answer

How much

Question 23

Consumer _ decides how much of a particular good will be produced in a market economy.

Accepted Answer

demand

Question 24

Alabama relies on its winter climate, beaches, mountains, cuisine, and golf to grow this.

Accepted Answer

tourism

Question 25

A ___ economy is controlled by central planners in a government.

Accepted Answer

command

Question 26

The first basic economic question is “___ goods and services will be produced?”

Accepted Answer

What

Question 27

The _ had a planned economy.

Accepted Answer

Soviet Union

Question 28

Always important in Alabama, it was once dominated by cotton but is now more diverse.

Accepted Answer

agriculture

Question 29

The movement of people to cities from rural areas.

Accepted Answer

urbanization

Question 30

The government has a "___" (hands-off) policy in a true market economy.

Accepted Answer

laissez-faire

Civics 7 -- Four Economic Questions

Questions 30

Civics 7 -- Four Economic Questions

Questions 30