Economic Systems and Government
Flashcard
•
English
•
5th Grade
•
Easy
Katie Johnson
Used 1+ times
FREE Resource
Student preview

8 questions
Show all answers
1.
FLASHCARD QUESTION
Front
True or false?
Power belongs to a dictator in a democracy.
Back
False
2.
FLASHCARD QUESTION
Front
True or false?
Monarchs are born into power and can rule in an absolute or constitutional monarchy.
Back
True
3.
FLASHCARD QUESTION
Front
True or false?
In Greek, oligarchy means rule by the people.
Back
False
4.
FLASHCARD QUESTION
Front
Which type of government is also called an Authoritarian government?
Back
Dictatorship
5.
FLASHCARD QUESTION
Front
The word "social" is often used when referring to concepts related to people and ____________.
Back
society
6.
FLASHCARD QUESTION
Front
Which economic system is most likely to use supply and demand to determine the prices of goods and services?
Back
Market
7.
FLASHCARD QUESTION
Front
In which economic system are factors of production controlled by culture, beliefs, and habits of a society?
Back
Traditional
8.
FLASHCARD QUESTION
Front
True or false?
Today, most countries would call their economic system a mixed economy.
Back
True
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