Economic Systems and Daily Life

Question 1

Mixed-market economies have more private property, while command economies have more public property.Which is the best example of public property in a mixed-market economy?

Revolt · Accepted Answer

streets and roads

Question 2

private publicprivate and public

Revolt · Accepted Answer

private and public; Selection 1: private and public; Selection 2: governments; Selection 3: less

Question 3

citizens✔ governmentsbusinesses

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✔ governments

Question 4

✔ lessmore equally

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✔ less

Question 5

Use the drop-down menu to complete each statement.

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The amount of money you earn by working is your .: income; The percentage of people actively looking for a job is called .: unemployment

Question 6

incomethe wealth gap✔ unemployment

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✔ unemployment

Question 7

From 1981 to 2001, which change was most likely happening in the US economy?

Revolt · Accepted Answer

an increase in spending by consumers

Question 8

What percentage of wealth belonged to the wealthiest 1 percent of US citizens in 2010?

Revolt · Accepted Answer

about 35 percent

Question 9

incomewealth gapunemployment

Revolt · Accepted Answer

income; The amount of money you earn by working is your .: income; The percentage of people actively looking for a job is called .: unemployment

Economic Systems and Daily Life Answers

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