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In a traditional economy,
Sam's Soup or Sandwiches
180
the economy is mainly focused on meeting people's basic needs.
starship Enterprise
competion
international trade
individual people (including businesspeople, entrepreneurs, and consumers) own economic resources.
goods and services made, bought and sold within the borders of one country.
Goods and services are made, bought and sold across national borders are known as
Sam's Soup or Sandwiches
180
the economy is mainly focused on meeting people's basic needs.
starship Enterprise
competion
international trade
individual people (including businesspeople, entrepreneurs, and consumers) own economic resources.
goods and services made, bought and sold within the borders of one country.
Which of these is most likely NOT a competitor for Tom's Tires?
Sam's Soup or Sandwiches
180
the economy is mainly focused on meeting people's basic needs.
starship Enterprise
competion
international trade
individual people (including businesspeople, entrepreneurs, and consumers) own economic resources.
goods and services made, bought and sold within the borders of one country.
The rivalry among businesses to sell goods and services is known as
Sam's Soup or Sandwiches
180
the economy is mainly focused on meeting people's basic needs.
starship Enterprise
competion
international trade
individual people (including businesspeople, entrepreneurs, and consumers) own economic resources.
goods and services made, bought and sold within the borders of one country.
Which of these is NOT a name for the US economic system?
Sam's Soup or Sandwiches
180
the economy is mainly focused on meeting people's basic needs.
starship Enterprise
competion
international trade
individual people (including businesspeople, entrepreneurs, and consumers) own economic resources.
goods and services made, bought and sold within the borders of one country.
About how many countries does the US trade with?
Sam's Soup or Sandwiches
180
the economy is mainly focused on meeting people's basic needs.
starship Enterprise
competion
international trade
individual people (including businesspeople, entrepreneurs, and consumers) own economic resources.
goods and services made, bought and sold within the borders of one country.
Domestic business is
Sam's Soup or Sandwiches
180
the economy is mainly focused on meeting people's basic needs.
starship Enterprise
competion
international trade
individual people (including businesspeople, entrepreneurs, and consumers) own economic resources.
goods and services made, bought and sold within the borders of one country.
In a market economy,
Sam's Soup or Sandwiches
180
the economy is mainly focused on meeting people's basic needs.
starship Enterprise
competion
international trade
individual people (including businesspeople, entrepreneurs, and consumers) own economic resources.
goods and services made, bought and sold within the borders of one country.
Check it!