Which of the following is not a type of economy? market, command, mixed, subsistence

Unit 4 Economics

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Social Studies
•
9th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
subsistence
2.
FLASHCARD QUESTION
Front
Which of the following is an economic system in which economic decisions are made according to social roles & culture?
Options: Market economy, Command economy, Traditional economy, Mixed economy
Back
Traditional economy
3.
FLASHCARD QUESTION
Front
Which of the following is an economic system in which individuals own and decide what to do with scarce productive resources? Options: Market economy, Command economy, Traditional economy, Mixed economy
Back
Market economy
4.
FLASHCARD QUESTION
Front
Which of the following is an economic system in which a central, governmental authority decides how to use a country's scarce resources? Options: Market economy, Command economy, Traditional economy, Mixed economy
Back
Command economy
5.
FLASHCARD QUESTION
Front
What is another term for trade between nations? Options: Free trade, International trade, Voluntary trade, Trade barrier
Back
International trade
6.
FLASHCARD QUESTION
Front
An extra price added onto imported products.
Back
Tariff
7.
FLASHCARD QUESTION
Front
When a country won't trade at all with another country.
Back
Embargo
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