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What is the study of how individuals and societies seek to satisfy needs and wants through choices?
scarcity
command economy
fewer choices which make less competition
traditional
traditional, free enterprise, command, mixed
economics
mixed
traditional
Which are the four types of economic systems?
scarcity
command economy
fewer choices which make less competition
traditional
traditional, free enterprise, command, mixed
economics
mixed
traditional
Which is a disadvantage of a command economy?
scarcity
command economy
fewer choices which make less competition
traditional
traditional, free enterprise, command, mixed
economics
mixed
traditional
The type of economy that is run by a central government authority.
scarcity
command economy
fewer choices which make less competition
traditional
traditional, free enterprise, command, mixed
economics
mixed
traditional
Which economy does the U.S. have?
scarcity
command economy
fewer choices which make less competition
traditional
traditional, free enterprise, command, mixed
economics
mixed
traditional
The condition that exists when wants exceeds resources available to satisfy wants.
scarcity
command economy
fewer choices which make less competition
traditional
traditional, free enterprise, command, mixed
economics
mixed
traditional
The type of economy where people believe in doing things the way they have in the past.
scarcity
command economy
fewer choices which make less competition
traditional
traditional, free enterprise, command, mixed
economics
mixed
traditional
In which economy does men and women have specific roles?
scarcity
command economy
fewer choices which make less competition
traditional
traditional, free enterprise, command, mixed
economics
mixed
traditional
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