Three Economic Systems

The book written by Adam Smith discussing his economic theories is called

Capitalist Economies usually have which type of government?

The father of Capitalism was

In a Communist country, who decides what will be made in that country?

An economy where people make their own choices on goods and services, supply and demand is?

Government owns all the factories, but people can own some private property , describes

The father of Communism was

Command Economies usually have which type of government?

Very few of this system, mostly tribal communities in rural areas

Term describing that government should leave people alone to make their own economic decisions

In a capitalist economy, who decides who will get the goods and services?

The Economic System with private property, free-enterprise, and competition is ...

Most countries of the world today have a

Which would be the best description of the economic system in the USA today?

This economy tries to make all people in society equal

The government tries to master plan the economy, and makes all the basic economic decisions is

Survival of the Fittest best describes which type of economy?

What is the type of system where they follow what their ancestors did in the past?

The book written by Karl Marx describing his economic theories is

The right to enter any legal business deal, and not have too much government control is ...