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What is the money people use in a country called?
tax
capital resources
the government
Companies produce goods of their choice and consumers decide whether to buy the goods.
entrepreneuer
opportunity costs
currency
Haiti's low investment in human resources lowers the per capita GDP.
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 ________.
tax
capital resources
the government
Companies produce goods of their choice and consumers decide whether to buy the goods.
entrepreneuer
opportunity costs
currency
Haiti's low investment in human resources lowers the per capita GDP.
The literacy rate for the region of 90%. In the country of Haiti, it is 53%. Which statement best reflects these factors of economic growth in Haiti?
tax
capital resources
the government
Companies produce goods of their choice and consumers decide whether to buy the goods.
entrepreneuer
opportunity costs
currency
Haiti's low investment in human resources lowers the per capita GDP.
In a command economy, who usually owns the farms and factories?
tax
capital resources
the government
Companies produce goods of their choice and consumers decide whether to buy the goods.
entrepreneuer
opportunity costs
currency
Haiti's low investment in human resources lowers the per capita GDP.
When a country has a market economy, which of these statements correctly defines this system?
tax
capital resources
the government
Companies produce goods of their choice and consumers decide whether to buy the goods.
entrepreneuer
opportunity costs
currency
Haiti's low investment in human resources lowers the per capita GDP.
Brazil is building new factories and using newer technology. These are examples of ______.
tax
capital resources
the government
Companies produce goods of their choice and consumers decide whether to buy the goods.
entrepreneuer
opportunity costs
currency
Haiti's low investment in human resources lowers the per capita GDP.
Which word has the same meaning as the economic term tariff?
tax
capital resources
the government
Companies produce goods of their choice and consumers decide whether to buy the goods.
entrepreneuer
opportunity costs
currency
Haiti's low investment in human resources lowers the per capita GDP.
A sixth grade class decides to open a popcorn stand. The stand and popcorn popper are examples of which factor of production?
tax
capital resources
the government
Companies produce goods of their choice and consumers decide whether to buy the goods.
entrepreneuer
opportunity costs
currency
Haiti's low investment in human resources lowers the per capita GDP.
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