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Economics Systems Review - Grade 6 Flashcards | StudBud
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Economics Systems Review - Grade 6
Economics Systems Review - Grade 6
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StudBud Administration
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An economics review of the three types of economic systems (Grade 6)
Flashcards
8 cards
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Practice quiz
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Questions
8
Answers
1
Bartering is used in this economy.
Command
Mixed
Market
Traditional
2
Australia is close to this economy.
Command
Market
Mixed
Traditional
3
A Communist government is usually associated with this type of government.
Mixed
Command
Market
Traditional
4
Most democratic countries are this type of government.
Market
Mixed
Traditional
Command
5
Businesses make economic decisions, but the government usually determines if they are fair.
Market
Command
Traditional
Mixed
6
Cuba and North Korea are examples of a ________________ economy.
Market
Command
Mixed
Traditional
7
Sewing a beaded dress like my mother's dress, is an example of a (n)_____________ economy.
Command
Market
Mixed
Traditional
8
Businesses run by private owners who determine their own prices is a _____________ economy.
Traditional
Command
Mixed
Market