Chapter 3-3 Assessment Review

Front

In which economy are resources distributed through families?

Back

Traditional

Front

In which type of economy are businesses privately owned? Options: Traditional, Market, Mixed, Command

Back

Market

Front

In which economic system are businesses and resources owned and controlled by the government?

Back

Command

Front

In which economic system are some business owned privately and some owned and controlled by the government?

Back

Mixed

Front

Which of these economic systems are also known as capitalism? Traditional, Mixed, Market, Command

Back

Market

Front

Which of these types of economies would be found in a communist country? Traditional, Market, Mixed, Command

Back

Command

Front

Which of these types of economies is the one that the US has? Traditional, Market, Mixed, Command

Back

Mixed

Front

Which of these types of economies would be found most likely in a developing country? Traditional, Market, Mixed, Command

Back

Traditional

Front

What is a resource that cannot be replaced?

Back

Nonrenewable

Front

Which of these resources can be replaced? Renewable, Nonrenewable, Replaceable, Nonreplaceable

Back

Renewable