Grade 8 Economic Systems

Russia and China have

• Transitional economies

• Open economies

• Capitalist economies

• Free market economies

Businessmen are often called..

• Capitalism

• Communists

• Capitalists

• Barters

The part of the country that controls money is called the..

• Economists

• Economist

• Economics

• Economy

A person who studies economics is an

• Economists

• Economist

• Economics

• Economy

Tom and Jane are ...

• Economists

• Economies

• Economist

• An economy

Bartering means ..

• Paying with a loan

• Paying with credit cards

• Exchanging using money

• Exchanging not using money

The USA ...... free market economy.

• hasn't

• have

• has

• has not

China and Russia ..... transitional economies.

• having

• has

• have

• had

The USA ..... a capitalist system of economics.

• had

• has

• have

• having

Bartering means to ...

• Exchange money for goods.

• Exchange goods that are of equal value.

• Exchange money for money.

• Exchange goods for money.