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A 7th grade class decides to open a popcorn stand. The stand and the popcorn popper are examples of which factor of production?
Capital resources
A combination of privately-owned industry and government control.
quota
Competition
Producers and consumers work together to determine what to produce
a tax on imports
Market is best for growing your economy, but the consumers need protection from fraud.
What to produce, how to produce, and for whom to produce?
Market economic system means:
Capital resources
A combination of privately-owned industry and government control.
quota
Competition
Producers and consumers work together to determine what to produce
a tax on imports
Market is best for growing your economy, but the consumers need protection from fraud.
What to produce, how to produce, and for whom to produce?
Which of these best describe a mixed economy?
Capital resources
A combination of privately-owned industry and government control.
quota
Competition
Producers and consumers work together to determine what to produce
a tax on imports
Market is best for growing your economy, but the consumers need protection from fraud.
What to produce, how to produce, and for whom to produce?
In a Market economy, you would find:
Capital resources
A combination of privately-owned industry and government control.
quota
Competition
Producers and consumers work together to determine what to produce
a tax on imports
Market is best for growing your economy, but the consumers need protection from fraud.
What to produce, how to produce, and for whom to produce?
What is a tariff?
Capital resources
A combination of privately-owned industry and government control.
quota
Competition
Producers and consumers work together to determine what to produce
a tax on imports
Market is best for growing your economy, but the consumers need protection from fraud.
What to produce, how to produce, and for whom to produce?
All societies must answer the 3 basic economic questions. Which are:
Capital resources
A combination of privately-owned industry and government control.
quota
Competition
Producers and consumers work together to determine what to produce
a tax on imports
Market is best for growing your economy, but the consumers need protection from fraud.
What to produce, how to produce, and for whom to produce?
Why do most countries have a mixed economy?
Capital resources
A combination of privately-owned industry and government control.
quota
Competition
Producers and consumers work together to determine what to produce
a tax on imports
Market is best for growing your economy, but the consumers need protection from fraud.
What to produce, how to produce, and for whom to produce?
The U.S. has limited its trade with Iran over the last 30 years. This is an example of which trade barrier?
Capital resources
A combination of privately-owned industry and government control.
quota
Competition
Producers and consumers work together to determine what to produce
a tax on imports
Market is best for growing your economy, but the consumers need protection from fraud.
What to produce, how to produce, and for whom to produce?
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