Economic Systems Review

In a mixed economy, ____________ takes care of people's needs.

In a mixed economy there is _________ competition.

What is the primary goal of an economic system?

Customs such as a woman's job is to be a homemaker occurs in which typeof economy?

Which economic system has more government ownership and central planning?

Which of the following resource are raw materials found in nature thatare used to produce goods

An economy that allows consumers to have options and choices where tospend their money is a

A shortage of resources is known as

A _________________________ Command where government makes alldecisions.

How do nations use economic systems?

What is people's knowledge, efforts, and skills used in their work?

When the demand exceeds the supply this can cause a ______ in resourcescalled scarcity.

In this economic system decisions are made according to law of supplyand demand?

In which economic system are economic activities are centered around thefamily or ethnic unit?

This economic system is found in countries such as China and Cuba