Types of Economies

Question 1

In which economy are workers free to work wherever they choose?

Accepted Answer

Free Enterprise

Question 2

In which economy is the food supply rationed, or divided, so everyone gets thesame amount?

Accepted Answer

Communism

Question 3

Which type of economy is pictured here?

Accepted Answer

Free Enterprise

Question 4

In which economy do buyers and sellers make the decisions?

Accepted Answer

Free Enterprise

Question 5

Which type of economy is pictured here?

Accepted Answer

Free Enterprise

Question 6

In which economy does competition limit the abuse of economic power?

Accepted Answer

Free Enterprise

Question 7

In which economy do people live off the land & sell their crops in markets for items they need?

Accepted Answer

Traditional

Question 8

Which type of economy is pictured here?

Accepted Answer

Traditional

Question 9

In which economy do citizens get free college education &freedom in career/business decisions?

Accepted Answer

Socialism

Question 10

In which economy do families pass on skills, land, and animals from generation togeneration?

Accepted Answer

Traditional

Question 11

In which economy is there no unemployment?

Accepted Answer

Communism

Question 12

In which economy is there equal distribution of goods and services for everyone?

Accepted Answer

Communism

Question 13

In which economy does supply and demand determine how much an item costs?

Accepted Answer

Free Enterprise

Question 14

Which type of economy is pictured here?

Accepted Answer

Communism

Questions 14