Review Game Zone
Games
Test
Preview
Back
Match it!
Match it! Select the correct answer from the pull down...Good luck!
In my country, prices and trade are not regulated. We charge whatever people are willing to pay and the price goes up and down based on supply and demand. I live in a
Mixed Economy
Market Economy
producing those goods a country can make most efficiently so they can trade them for goods made by others that cannot be prod
The Israeli economy depends on technology rather than natural resources, such as oil
Command Economy
Oil and gas
used Industrial countries depend on oil and gas in their energy supply
Most economies have found they need a mix of free market and some government control to be successful and protect consumers
Why are oil and gas such valuable natural resources?
Mixed Economy
Market Economy
producing those goods a country can make most efficiently so they can trade them for goods made by others that cannot be prod
The Israeli economy depends on technology rather than natural resources, such as oil
Command Economy
Oil and gas
used Industrial countries depend on oil and gas in their energy supply
Most economies have found they need a mix of free market and some government control to be successful and protect consumers
What is “economic specialization?”
Mixed Economy
Market Economy
producing those goods a country can make most efficiently so they can trade them for goods made by others that cannot be prod
The Israeli economy depends on technology rather than natural resources, such as oil
Command Economy
Oil and gas
used Industrial countries depend on oil and gas in their energy supply
Most economies have found they need a mix of free market and some government control to be successful and protect consumers
In my country, we let people charge what they will for their goods, but we do not allow people to flood the market to drive down the prices or gauge prices just because demand has temporarily increased. I live in a
Mixed Economy
Market Economy
producing those goods a country can make most efficiently so they can trade them for goods made by others that cannot be prod
The Israeli economy depends on technology rather than natural resources, such as oil
Command Economy
Oil and gas
used Industrial countries depend on oil and gas in their energy supply
Most economies have found they need a mix of free market and some government control to be successful and protect consumers
In my country, the government has decided how much salary I will get, how much I can charge for my product, how much I can produce and how much I am allowed to sell. I live in a
Mixed Economy
Market Economy
producing those goods a country can make most efficiently so they can trade them for goods made by others that cannot be prod
The Israeli economy depends on technology rather than natural resources, such as oil
Command Economy
Oil and gas
used Industrial countries depend on oil and gas in their energy supply
Most economies have found they need a mix of free market and some government control to be successful and protect consumers
How has Israel’s lack of oil affected that country’s economy?
Mixed Economy
Market Economy
producing those goods a country can make most efficiently so they can trade them for goods made by others that cannot be prod
The Israeli economy depends on technology rather than natural resources, such as oil
Command Economy
Oil and gas
used Industrial countries depend on oil and gas in their energy supply
Most economies have found they need a mix of free market and some government control to be successful and protect consumers
Saudi Arabia specializes in the production of
Mixed Economy
Market Economy
producing those goods a country can make most efficiently so they can trade them for goods made by others that cannot be prod
The Israeli economy depends on technology rather than natural resources, such as oil
Command Economy
Oil and gas
used Industrial countries depend on oil and gas in their energy supply
Most economies have found they need a mix of free market and some government control to be successful and protect consumers
Why do most economies in the world today operate somewhere in between a market economy and a command economy?
Mixed Economy
Market Economy
producing those goods a country can make most efficiently so they can trade them for goods made by others that cannot be prod
The Israeli economy depends on technology rather than natural resources, such as oil
Command Economy
Oil and gas
used Industrial countries depend on oil and gas in their energy supply
Most economies have found they need a mix of free market and some government control to be successful and protect consumers
Check it!
Match it!
Match it!