AnswersGalliWCA 2221 CivicsEconomics 1st nine weeks 26-27Economic Systems

Economic Systems Answers

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1
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What is one characteristic of a command economy?

A
Citizens are responsible for providing their own health care.
B
Citizens can easily start their own businesses.
C
The government controls the prices of most goods.
D
The government prohibits the use of money.
2
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3

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5

In a mixed market economy, who makes most of the daily economic decisions?

A
an economic expert
B
an elected leader
C
individual citizens
D
the military
6

Which type of market is the least likely to have an official currency?

A
closed economy
B
command economy
C
traditional economy
D
mixed market economy
7

In which type of market would you find it the most difficult to buy goods from another country?

A
pure market economy
B
closed economy
C
traditional economy
D
mixed market economy
8

What type of market is illustrated by this pie chart?

A
a closed economy
B
a traditional economy
C
a command economy
D
a mixed market economy
9

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10

Which economic system is supported by this passage’s main argument?

A
mixed market economy
B
traditional economy
C
closed economy
D
command economy
11

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