The government owns or controls most resources and businesses in a _____________ economic system.
Economic Systems

Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

20 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Communist Command
2.
FLASHCARD QUESTION
Front
Who is most likely to own the business's land, building, and equipment in a ____________ economy? Options: Communist Command, Traditional, Market, Socialist Command
Back
Market
3.
FLASHCARD QUESTION
Front
Which type of economic system adopts the fewest new ideas or improvements? Options: Market, Socialist Command, Traditional, Command
Back
Traditional
4.
FLASHCARD QUESTION
Front
Private enterprise is an economic system in which:
Back
individuals own both major industries and consumer goods
5.
FLASHCARD QUESTION
Front
What is the main reason for going into business in a private enterprise system?
Back
the profits
6.
FLASHCARD QUESTION
Front
What makes it difficult for new firms to enter a market?
Back
Barriers to entry
7.
FLASHCARD QUESTION
Front
What type of market structure only has one seller?
Back
Monopoly
Create a free account and access millions of resources
Similar Resources on Wayground
15 questions
DECA Marketing Exam Practice (2017 20-34)

Flashcard
•
9th - 12th Grade
20 questions
Economic Systems

Flashcard
•
9th - 12th Grade
20 questions
WebXam Review - Principals of Business - 2 - Economic Principles

Flashcard
•
9th - 12th Grade
10 questions
Economic Systems

Flashcard
•
9th - 12th Grade
15 questions
Chapter 2 Key Terms

Flashcard
•
9th Grade - University
17 questions
2.03 & 2.04 Entrepreneurship

Flashcard
•
9th - 12th Grade
15 questions
IB-BM-SL: 4.1 - Intro to Marketing

Flashcard
•
9th - 12th Grade
18 questions
Entrepreneurship Chapter 3

Flashcard
•
10th - 12th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade
Discover more resources for Business
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade