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In a command economy, who usually owns the farms and factories?
opportunity costs
currency
the job your parents had
tax
market
entrepreneuer
capital resources
the government
What would be the Most important in deciding what job you would do if you lived in a traditional economy?
opportunity costs
currency
the job your parents had
tax
market
entrepreneuer
capital resources
the government
A sixth grade class decides to open a popcorn stand. The stand and popcorn popper are examples of which factor of production?
opportunity costs
currency
the job your parents had
tax
market
entrepreneuer
capital resources
the government
Which word has the same meaning as the economic term tariff?
opportunity costs
currency
the job your parents had
tax
market
entrepreneuer
capital resources
the government
Which term best describes an economic system in which the people- not the government own land, factories, and buisnesses?
opportunity costs
currency
the job your parents had
tax
market
entrepreneuer
capital resources
the government
What is the money people use in a country called?
opportunity costs
currency
the job your parents had
tax
market
entrepreneuer
capital resources
the government
John is an auto mechanic in a nearby larger town. He has decided his own small town needs its own car repair shop. Jon bought the building and opened his shop. Jose is an example of a ________.
opportunity costs
currency
the job your parents had
tax
market
entrepreneuer
capital resources
the government
Brazil is building new factories and using newer technology. These are examples of ______.
opportunity costs
currency
the job your parents had
tax
market
entrepreneuer
capital resources
the government
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