Economic Systems and Daily Life

Question 1

public property private property

Revolt · Accepted Answer

private property

Question 2

OwnershipX Property

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Ownership; is the right to possess something.: Ownership; is owned by the government, whereas is owned by individual citizens.: Public property; is owned by the government, whereas is owned by individual citizens.: private property

Question 3

X Private property Public property

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Public property

Question 4

✔ private propertypublic property

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private property

Question 5

command mixed market

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mixed market; Based on the information in the passage, it is most likely that Joe lives in a economy.: mixed market; The building that Joe is interested in purchasing would be considered .: private property

Question 6

increasing decreasingstable

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decreasing; From 1961 to 1965, unemployment was .: decreasing; In the mid-2000s through 2011, unemployment was .: increasing

Question 7

Based on the information in the passage, it is most likely that Joe lives in a economy.

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mixed market; Based on the information in the passage, it is most likely that Joe lives in a economy.: mixed market; The building that Joe is interested in purchasing would be considered .: private property

Question 8

How does a lack of full employment hurt the economy? Check all that apply.Unemployed people usually buy fewer things.Unemployed people may not be able to repay their loans.Unemployed people are not looking for jobs.Unemployed people have increased buying power.Unemployed people may have to change their financial goals.Unemployed people drawing unemployment benefits increase government spending.

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Unemployed people usually buy fewer things.; Unemployed people may not be able to repay their loans.; Unemployed people may have to change their financial goals.; Unemployed people drawing unemployment benefits increase government spending.

Question 9

increasingdecreasing stable

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increasing

Question 10

The building that Joe is interested in purchasing would be considered .

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private property

Economic Systems and Daily Life Answers

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