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Blakeley 0002 Flashcards | StudBud
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Blakeley 0002
Blakeley 0002
13 terms
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Review to study for the first semester.
Flashcards
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Questions
13
Answers
1
If an economy is ran by the central government, it is a __________ economy.
Market
Command
2
Which of the following are NOT one of the 3 basic economic questions?
For who are goods produced?
Who decides what to produce?
Who decides prices and values?
Who decides how to produce?
3
Which of the following is an example of the culture trait "religion"?
Judaism
Money
Thanksgiving
Voting
4
Which occupation would be involved in a Traditional Economy?
Lawyer
Computer Programmer
Professional Chef
Farmer
5
If 80% of a population is involved in Primary economic activities, the country is probably...
Newly Industrialized
Developed
Less Developed
6
Which of these religions is monotheistic?
Hinduism
Judaism
Buddhism
7
Jerusalem is a holy city to all Abrahamic Religions. Which of the following is NOT one of these?
Judaism
Christianity
Hinduism
Islam
8
Which of the following is an example of the culture trait "government"?
Favorite Color
Christmas
Voting
Christianity
9
Every modern economy in the world is technically a...
Traditional Economy
Mixed Economy
Command Economy
Market Economy
10
Which economic system is controlled by the decisions of producers and consumers?
Traditional
Market
Command
Quaternary
11
What economic system is primarily controlled by the government?
Market
Command
Traditional
Tertiary
12
If 80% of a population is involved in Tertiary and Quaternary economic activities, the country is probably...
Developed
Less Developed
Newly Industrialized
13
Which economy is based on the customs of its people?
Mixed Economy
Command Economy
Traditional Economy
Market Economy
