Economic Systems and Investments
Flashcard
•
Social Studies
•
6th Grade
•
Hard
Wayground Content
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12 questions
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1.
FLASHCARD QUESTION
Front
when a country invest in Education, Skills, and Training, they are investing in their countries what?
Back
Human Capital
2.
FLASHCARD QUESTION
Front
When a country invests in new technology, new factories, and new equipment, what is the country investing in?
Back
Capital Goods
3.
FLASHCARD QUESTION
Front
In this economy we do what our ancestors did
Back
Traditional Economy
4.
FLASHCARD QUESTION
Front
in this type of Economic System the Government answers the 3 Economic Questions
Back
Command Economy
5.
FLASHCARD QUESTION
Front
In this Economic System, the Business and Consumers answer the 3 Economic Questions.
Back
Market Economy
6.
FLASHCARD QUESTION
Front
When two or more Economic Systems come together they create what type of Economic System?
Back
Mixed Economy
7.
FLASHCARD QUESTION
Front
What type of Trade Barrier is a TAX on imported goods?
Back
Tariff
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