Davis - Economics Unit 8 - Quiz of Redemption

Command economies are characterized by good quality goods and abundant supply.

This most awesome and amazing band is known as

Most business are ....

What is the invisible hand that regulates the free economy?

The government makes all economic decision in this type of economy.

The grass the cows eat is an example of this factor of production.

When jobs are broken into small, separate tasks.

Steve Jobs of Apple was known for his _________.

If you want to buy stock this is the type of company you should invest in.

Which of the following mammals cannot swim.

The USA has elements of both a market and mixed economy.

A tiny piece of a corporation ownership is called a ____.

You can't always get what you want. But if you try sometime you find...

The lead singer of the greatest band of all time.

Laying off workers due to bad times is an example of entrepreneurship.

I want Chic Fil A everyday. I can't have it everyday because I'm broke and it's Sunday.

You _____ an iphone but you ________ water.

A limited number of companies control the market for a product.

At :054 what is the singer singing?

If you want to be in charge, make all decisions, and make all the profit you should have this.

Sole proprietorships account for the vast majority of US business profit and revenue.

An economic system based on old values where technology is not valued.

A modern day example of a command economy.

Insurance is an example of an economic _________.

Monopolies may be legal in special circumstances in the USA.

A moral dilemma

An alternative sacrificed when a decision is made.

A very successful product will likely cause ___________.

Traditional economies are commonly found in the more developed and advanced nations.

Children are most likely assume the jobs of their parents when they grow up in this system.

Skittles, M & Ms, Snickers, and Almond Joys are _______ to a Milky Way Bar.

Which of the following is a LABOR factor of production?

The company that provides water to your house is an example of a(N) _____.

The US is an example of a _________ economy.

Which of the following can be replaced?

You decide to go out on a date on Saturday night. Hanging out with friends is the ________.

The only sport that matters.