Chapter 7 Test Part 2: Question Preview (ID: 11434)


Below is a preview of the questions contained within the game titled CHAPTER 7 TEST PART 2: Part 2 .To play games using this data set, follow the directions below. Good luck and have fun. Enjoy! [print these questions]


Play games to reveal the correct answers. Click here to play a game and get the answers.

What and how much the consumer wantes to buy
a) demand b) supply c) wants d) needs
things a person would like to own but can do without
a) mint b) standard of living c) wants d) supply
the place where coins are made
a) wants b) mint c) supply d) needs
One advantage of a consumer-driven economy is competition
a) true b) false c) d)
Manufacturing is the movement of money from person to person or place to place
a) true b) false c) d)
In a socialist economy, the government owns and controls one or more of the major resources
a) true b) false c) d)
The consumer does not have a choice when he selects a product with a monopoly
a) true b) false c) d)
A contry rich in resources tends to have a lower standard of living
a) true b) false c) d)
Some businesses are owned by the government and some by the people
a) capitalist economy b) communist economy c) socialist economy d)
The government controls the supply, decides what items to produce, and determines the prices for those items
a) capitalist economy b) communist economy c) socialist economy d)
Play Games with the Questions above at ReviewGameZone.com
To play games using the questions from the data set above, visit ReviewGameZone.com and enter game ID number: 11434 in the upper right hand corner at ReviewGameZone.com or simply click on the link above this text.

TEACHERS / EDUCATORS
Log In
| Sign Up / Register