Government And Economic Review Question Preview (ID: 26619)
Reviewing The Concepts About The Economic Systems And Types Of Government.
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Which type of economic system has the government choosing everyone's job?
a) Command
b) Market
c) Mixed
d) Traditional
A market economy is based upon...
a) Jobs
b) Supply and Demand
c) Workers and Pay
d) Profit
Which is true about a Command economy?
a) The United States is an example
b) Its part of a limited government
c) Everyone earns the same
d) People need to supply their own housing and education
Cuba, China, and North Korea all have...
a) Traditional Economies
b) Command Economies
c) Market Economies
d) Limited Governments
Which is true about traditional economies?
a) Workers are urged to work quickly
b) People are quick to use new ideas and technology
c) They are found in poor nations
d) China has one
Which is FALSE about a Mixed Economy?
a) You can mix command and traditional economies
b) You can mix traditional and market economies
c) You can mix command and market economies
d) It's not as common as plain market economies
All of these countries have an LIMITED government EXCEPT for...
a) Canada
b) The United States
c) England
d) North Korea
An UNLIMITED government is ruled by one person with _________.
a) All of the votes
b) The best education
c) Power shared with others
d) Total power
Which one of these is FALSE about an UNLIMITED government?
a) The military shuts down newspapers who criticize the government
b) Citizens are well - educated
c) The population has a low literacy rate (few read and write).
d) The people use a command economic system
Which one of these is FALSE about a LIMITED government?
a) Citizens must have permission from the government to leave the country.
b) Citizens elect their officials.
c) Citizens have the freedom speech and press.
d) Citizens are well - educated
Which of the following countries does NOT have an Unlimited government?
a) North Korea
b) The United States
c) Cuba
d) China
A limited government...
a) Has a command economy
b) Owns all property in the country
c) Allows the citizens to protest
d) Assigns the citizens jobs
In an unlimited government...
a) There are many branches of the government where people all share power
b) The citizens vote on their leaders
c) The citizens use a market economy
d) The leaders usually take power by force
Most countries in the world have...
a) A traditional economy
b) A market economy
c) A command economy
d) None of these
In which economy do people have the same jobs as their ancestors?
a) Market
b) Limited
c) Unlimited
d) Traditional
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