__________________ is the limited supply of something.

What does an economic system do?

Which of the following is NOT a question that should be answered when determining an economic system?

In a _______________ economy, the customs and habits of the past are used to decide what and how goods will be produced, distributed, and consumed.

In a centralized ________________ economy, government planning groups make the basic economic decisions.

In a decentralized _____________ economy, decisions are guided by changes in prices that occur between individual buyers and sellers in the marketplace.

There are no exampes of ______________ economy in Europe.

Although the new Russian Federation has adopted a more _________ economy, the former Soviet Union was an example of a __________ economy.

All economies are mixed.

Most of Europe operates in a _______________ economy.

Which of the following is not a trade barrier?

What is the voluntary exchange of goods and services among people and countries?

Countries limit trade by creating trade _____________.

The most common trade barriers are ______ and ______.

a tax on imports

a limit placed on the number of imports that may enter a country

a government order to stop trading with another country

The European Union is a

In a free trade zone, there are not

Teachers: Create FREE classroom games with your questions Click for more info!
©2007-2024 Review Game Zone | About | Privacy | Contact | Terms | Site Map