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8th Your Country Economics Flashcards | StudBud
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8th Your Country Economics
8th Your Country Economics
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Questions
10
Answers
1
What is the Market Economic system
country decides the market
No government regulations
some government involvement
money and coin system
2
What is a Command Economic system?
A little bit of all things
government controlling
rule of the powerful
systematic cohesion
3
What is the rule about your chairs?
hit chairs always
keep them on the floor
chairs have feelings too
tip in them
4
Is war good for the economy?
Yes almost all the time
Yes but not very often
no hardly ever
no never
5
Economics is the study of states systems
False
True
6
What is a Traditional Economic system?
Handed down through generations
Culture impacting trading
Democratic rule
Government controlling
7
What is an Oligarchy?
rule of the king
Rule of the few
rule of the people
Rule of the rich
8
What is Democracy
Rule of the rich
Rule of the people
Rule of the many
Rule of the road
9
Aristocracy is when the rich rule the contry
False
True
10
What is Monarchy?
Rule of the rich
Rule by the most intelligent
Rule by bloodline
Rule of the many
