Identify the revolutional economic book written by Adam Smith.

Which of the following is the correct definition of economics?

Which of the following focuses on economic decision making by individuals, households, and businesses?

Which of the following is an example of opportunity cost of the following situation- Choosing to study for your economics test instead of watching American Horror Story.

Opportunity cost is the ______________ of what you are giving up.

All of the following are economic systems, EXCEPT:

Having too much of an item or resource is known as:

A traditional economy focuses on family and traditions. Therefore traditional economies are not as common but found where?

A negative aspect of a traditional economy is:

An economy where a government controls and makes all economic decisions is a:

In the film Hunger Games, what type of economy exists in Panem?

In a market economy, who makes the economic decisions?

A mixed economy contains traits of what two types of economies?

An example of a country with mixed economy is:

Karl Marx is known as the father of what type of economy?

What did Marx believe would happen to capitalism?

Which definition is for capitalism?

Which definition is for communism?

Of the following countries, which is a capitalist nation?

Of the following countries, which is communist?

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