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History, 02.07.2019 01:00 errr5529

1. what is an advantage of a market economic system? (a) traditional methods of production are upheld. (b) consumers can choose from a variety of goods. (c) government planning leads to surpluses of goods. (d) the central planning committee assigns everyone a job. 2. why might a government intervene in a market economy during times of war? (a) to start a communist revolution (b) to mobilize resources quickly (c) to increase profits (d) to convert private property to state-owned property 3. what is another term for a market economic system? (a) communism (b) feudalism (c) socialism (d) capitalism 4. match each country to its economic system. 1. japan 2. chad 3. china 4. sweden (a) market economy (b) traditional economy (c) mixed economy (d) command economy 5. a fixed amount is called a (a) question (b) quotient (c) quote (d) quota 6. what is the goal of a command economic system? (a) to give out loans to business owners (b) to maximize profit (c) to preserve the past (d) to make society more equal 7. what factor influences economic decision-making in a traditional economy? (a) custom (b) the government (c) the weather (d) the opportunity to make a profit 8. workers in a traditional economic system (a) are assigned their jobs (b) get paid by the government (c) do the work the way the generation before them did (d) live in cuba

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