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The way a society organizes the production and consumption of goods and services is its _______________.
Redistribute income
False
Economic System
False
Stabilize the economy
False
True
True
The four basic economic systems are the command, market, mixed, and socialist economies.
Redistribute income
False
Economic System
False
Stabilize the economy
False
True
True
Socialism only allowed/ allows workers to earn enough to stay alive according to Marx.
Redistribute income
False
Economic System
False
Stabilize the economy
False
True
True
The top two buget categories are National Defense and Health.
Redistribute income
False
Economic System
False
Stabilize the economy
False
True
True
Command economies and Market economies determine what to produce from the people’s needs.
Redistribute income
False
Economic System
False
Stabilize the economy
False
True
True
Karl Marx wrote, “ The Communist Manifesto.”
Redistribute income
False
Economic System
False
Stabilize the economy
False
True
True
Higher tax rates for the rich over the poor were done under the _____________________ function of government.
Redistribute income
False
Economic System
False
Stabilize the economy
False
True
True
What function of government assists with the unemployment rate?
Redistribute income
False
Economic System
False
Stabilize the economy
False
True
True
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