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What is the measure of how many resources are needed to produce goods and services called?
Free Enterprise
human resources
competition
productivity
scarcity
market economy
command economy
interdependent
What type of economy allows people to own and run their own businesses with only limited control by the government?
Free Enterprise
human resources
competition
productivity
scarcity
market economy
command economy
interdependent
This means that people can never have everything that they want and so, they must make choices about what to produce ane what to buy.
Free Enterprise
human resources
competition
productivity
scarcity
market economy
command economy
interdependent
This is a different name for the people that work at a business.
Free Enterprise
human resources
competition
productivity
scarcity
market economy
command economy
interdependent
What is the contest among businesses to sell the most products called?
Free Enterprise
human resources
competition
productivity
scarcity
market economy
command economy
interdependent
In what type of economy are goods and services allocated largely by prices, and consumers buy goods and services they want and can afford?
Free Enterprise
human resources
competition
productivity
scarcity
market economy
command economy
interdependent
This is an economy in which the government controls exactly what is made, how much is made, and what to charge.
Free Enterprise
human resources
competition
productivity
scarcity
market economy
command economy
interdependent
This means that people in different places depend on one another for natural resources, finished products, and services.
Free Enterprise
human resources
competition
productivity
scarcity
market economy
command economy
interdependent
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