Read the passage below and answer the question that follows. Darice finally has everything she needs to start her pet-grooming business. This is her first business venture, and she is very excited, but a little nervous that it may fail. She opens the door and waits for customers to arrive. Darice is an example of (an) __________.
As a factor of production, land best refers to __________.
Command economies produce goods that __________.
Which of the following situations is the best example of a negative consequence?
Read the passage below and answer the question that follows. The manager of a company told all employees that anyone who worked on Saturday could attend a family barbeque paid for by the company. Twelve additional people decided to volunteer their time. The manager provided a(n) __________ for all employees willing to work on Saturday.
Read the sentence below and answer the question that follows. Having extra money is a benefit of working after school. The word underlined in the sentence above is best defined as __________.
Something that is given up as the result of a choice is referred to as __________.
What is the main incentive for using a traditional economy?
Something that happens as the result of a choice is called a(n) __________.
What is the main incentive for using a market economy?
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