Economic System Characteristics
Help!
|
|
||||
|---|---|---|---|---|---|
| Customs govern the economic decisions that are made. | show 🗑
|
||||
| show | Traditional
🗑
|
||||
| Farming, hunting and gathering are done the same way as the generation before. | show 🗑
|
||||
| show | Traditional
🗑
|
||||
| The government or other central authority makes decisions and determines how resources will be used | show 🗑
|
||||
| show | Command
🗑
|
||||
| There is no economic freedom. | show 🗑
|
||||
| There is no competition. | show 🗑
|
||||
| show | Command
🗑
|
||||
| Consumers have few choices in the market place. | show 🗑
|
||||
| Factories are concerned with quotas. | show 🗑
|
||||
| show | Command
🗑
|
||||
| The government dictates the job in which you work. | show 🗑
|
||||
| show | Command
🗑
|
||||
| Resources are owned and controlled by individuals. | show 🗑
|
||||
| Economic decisions are made by individuals competing to earn profits. | show 🗑
|
||||
| show | Market
🗑
|
||||
| Economic decisions are made by the basic principles of supply and demand. | show 🗑
|
||||
| Profit is the motive for increasing work rather than quotas. | show 🗑
|
||||
| show | Market
🗑
|
||||
| show | Market
🗑
|
||||
| There is competition among businesses. | show 🗑
|
||||
| show | Market
🗑
|
||||
| show | Mixed
🗑
|
||||
| Government guides and regulates production of goods and services offered. | show 🗑
|
||||
| This system protects consumers and workers from unfair policies. | show 🗑
|
||||
| This is considered the most effective economy for providing goods and services. | show 🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
smmhr5
Popular Economics sets