17 questions
In my country, central planners decide when we should expand old factories and build new ones.
Traditional
Command
Market
Mixed
In my country my job is the same one that my family has done over the past 200 years.
Traditional
Command
Market
Mixed
In my country, the government makes all the economic decisions.
Traditional
Command
Market
Mixed
,In my country, the government tells me where to work.
Traditional
Command
Market
Mixed
In my country we have no need for money. By custom, some of us hunt, others farm, and we are all taken care of.
Traditional
Command
Market
Mixed
The country of North Korea has a dictator that makes almost all of the economic decisions. What type of economy is this?
Traditional
Market
Command
Centrally Planned
__________ : when people want or need more of something than there is.
Scarcity
Profit
Opportunity Cost
Tax
To trade goods
Taxes
Barter
Service
Producer