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European economic systems Flashcards | StudBud
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European economic systems
European economic systems
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StudBud Administration
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#social studies
Flashcards
11 cards
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Practice quiz
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Questions
11
Answers
1
which type of government are you allowed to vote in?
autocracy
none
democratic
any
2
what is entrepreneurship
nature
workers
starting a buisness
things to sell
3
what are the three basic questions business starters must ask?
what to produce?
whom to sell?
how to produce?
all of them
4
how do natives use their economic system?
cash
credit
trade
debit
5
what type of economy does the U K have
market
mixed
command
mixed command
6
what are natural resources
workers
things to sell
starting a business
nature
7
how can a country improve it's standard of living?
600 more pages of homework
build more shops so jobs can open up
do absolutely nothing
literacy rate
8
what is human capital
starting a business
workers
nature
things to sell
9
what are capital goods
nature
starting a business
workers
things to sell
10
what economic system do communist countries have?
forced labor
command
unrequited toil
mixed command
11
what kind of government does the U K have?
autocratic
presidential democracy
communist
parliamentary democracy
