Free Market or Communism????

Question 1

Also called a command economy

Accepted Answer

Communism

Question 2

Found in former USSR, North Korea, Cuba

Accepted Answer

Communism

Question 3

Controlled by dictators

Accepted Answer

Communism

Question 4

Government determines what gets produced and distributed

Accepted Answer

Communism

Question 5

Businesses produce goods with little government interference

Accepted Answer

Free market

Question 6

Government determines prices

Accepted Answer

Communism

Question 7

Flourishes under a democratic government

Accepted Answer

Free market

Question 8

Found in US, Canada, Japan, Taiwan, and European countries

Accepted Answer

Free market

Question 9

Goal is to earn a profit

Accepted Answer

Free market

Question 10

Goal is create equality

Accepted Answer

Communism

Question 11

Supply and demand determines prices

Accepted Answer

Free market

Question 12

Fueled by the idea of capitalism

Accepted Answer

Free market

Questions 12