Duplicate of Economic Systems Quiz

Custom, traditional ways and beliefs are the base values in this economic system.

You do your job because it has always been your family's job.

An established way that a society decides the answers to it's questions of scarcity.

Because of Scarcity, people must make decisions of...

The most free market economy in the world is found in

You decide what you will produce in this economic system.

The government decides what you will produce in this economic system.

You work in this economic system to make as much money as you want.

You produce what your ancestors produced in this economic system.

Your product goes to those declared in need in this economic system.

The least free economy, the most intense command economy is found in

In reality, virtually all economic systems in the world are...

Cooperation, "moral" rewards, societal gain, and government decree are the base values.

Competition, material rewards, self-gain, freedom are the base values of this economic system.

Making a profit is highly stressed in this economic system.

You will work at the same job your ancestors worked at in this economic system.

The government decides what you will do for a job in this economic system.

You can decide what job you would like to do in this economic system.