Quiz CH2

Capital resources are raw materials found in nature

Supply and demand are part of a command economy.

How a society chooses to use resources to produce goods and services?

If you open your eyes in a pitch-black room, the color you'll see is called?

Shortage of skilled labor is a problem today?

Market system is made up of the flollowing factors

What is a disadvantage of socialism.

What is a primary goal of an economic system

Human resources are _________ bring to their job.

What do you call the amoumt of goods-services that a producer will provide at various prices?

Which of the flollowing is not a command economy?

What is a basic economic problem?

What is a renewable resource.

Which of the following is not a resource?

What is a basic economic question?