Economic Systems

The economy of the Bushmen of the Kalahari Desert the people follow the examples of their ancestors.  This is what kind of economy? 

• Traditional 
• Market 
• Command 
• Centrally planned 

Regina owns an automobile factory.  She has to follow government safety standards when she builds the cars.

• Capitalism
• Socialism
• Communism
• Traditional

Kate plants the corn crops by hand, just the way her parents and grandparents did it.

• Communism
• Traditional
• Capitalism
• Socialism

Paul is having trouble finding a job.  The government sends him checks to help him cover his bills until he can find one.

• Socialism
• Capitalism
• Communism
• Traditional

Celina’s family only grows enough food for them to eat.  If they have a little extra, they can use it to trade with the neighboring village for fishing poles.

• Traditional
• Socialism
• Capitalism
• Communism

This economic system has the LEAST government control...

• socialism
• mixed market
• communism
• capitalism

The government assigned Greg to work as a teacher. What type of economy is this?

• Traditional

• Capitalism

• Socialism

• Communism

Which of the following is an economic system in which a central, governmental authority decides how to use a country's scarce resources?

• Capitalism
• Communism
• Traditional economy
• Socialism

Which of the following is an economic system in which the government and individuals work together?

• Capitalism
• Communism
• Traditional economy
• Socialism

This system is associated with the most government involvement.

• Traditional
• Capitalism
• Communism
• Socialism