What and how much the consumer wantes to buy

things a person would like to own but can do without

the place where coins are made

One advantage of a consumer-driven economy is competition

Manufacturing is the movement of money from person to person or place to place

In a socialist economy, the government owns and controls one or more of the major resources

The consumer does not have a choice when he selects a product with a monopoly

A contry rich in resources tends to have a lower standard of living

Some businesses are owned by the government and some by the people

The government controls the supply, decides what items to produce, and determines the prices for those items

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