Unit 2a Test Review

Which does not describe The United States' government?

This Factor refers to the ideas and inventions for new goods.

An isolated Communist (Command) country will have least access to which factor of production?

This Factor refers to the Natural Resources and land that a factory or farm is built on.

Which economic system is mostly associated with a dictatorship?

A country's economy is not controlled by the government. The country uses a _______________ Economy.

In what way would a country engage in a Command System?

Economic system where the government controls everything.

A country with a lot of freedom is most likely to have which type of economic system?

This factor refers to the people that work to produce a good.

Government System where a family rules with a Queen or King at the head. (RULE BY ONE)

Group of 3-5 people help run together and make decisions for the population. (RULE BY FEW)

Which one of the answer choices is NOT a Factor of Production?

This factor refers to the money and things needed to produce a good.

Government System where the people elect representatives. (RULE BY MANY)

A country like North Korea has it's government run the economy. North Korea uses a...

In a command economy, people can start up and run their own businesses.

A government with a constitution that only gives it certain powers is...

In a country where the people cannot vote or have rights, the government is...

A mixed economy has traits of both Free Market and Command economic systems.

Government does NOT control the economy at all.

What is a way a country engages in a Free Market System?

Government system where one person takes over and rules by force. (RULE BY ONE)