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Social Studies, 17.10.2019 21:00 jay1462

Answer every question and ill give lots of points and brainliest
question 1
a system of exchange whereby one good/service is given in return for another; it does not require monetary exchange

question 1 options:

trade

bartering

question 2
an economic model wherein government planners make all business and financial decisions.

question 2 options:

market economy

command economy

question 3
an economic model used by governments to determine what should be produced/provided in terms of goods and services, how, and for whom.

question 3 options:

economic system

free enterprise

question 4
the (or capitalist) model places economic decisions in the hands of the people and the law of supply and demand dictate what goods/services are produced/provided, at what price, etc.

question 4 options:

market

command

question 5
the required amount of a specific good that must be produced in a given time frame.

question 5 options:

subsistence

production quota

question 6
an economic model governed by custom, habit, and history.

question 6 options:

command economy

traditional economy

question 7
the capacity of private citizens to create new businesses independent of government direction or intervention.

question 7 options:

entrepreneurship

free enterprise

question 8
the creation, maintenance, and expansion of businesses outside the control or influence of the government.

question 8 options:

free enterprise

production quota

question 9
producing only what is necessary for personal use/survival

question 9 options:

subsistence

free enterprise

question 10
a 0-100 scale which ranks world economies from most command-leaning (0) to most market-leaning (100).

question 10 options:

economic continuum

free enterprise

question 11
a term used to describe the market/command blending of all modern world economies.

question 11 options:

traditional economy

mixed economy

question 12
the 2016 referendum whereupon a majority of british citizens voted for the u. k. to withdraw from the european union; brexit is a contracted form of “british exit [from the e. u.]”.

question 12 options:

euros

brexit

question 13
the term which refers to the products of services originating in one’s own country; it is the antonym of foreign.

question 13 options:

domestic

foreign

question 14
european union member nations who use the euro as their common currency.

question 14 options:

brexit

eurozone

question 15
the money granted by the government to assist a business or industry in lowering the cost of its product/service.

question 15 options:

subsidization

eurozone

question 16
common currency of most european union member states; those e. u. nations currently using the euro are referred to collectively as the eurozone.

question 16 options:

peso

euro

question 17
the economic and political union of 28 european nations.

question 17 options:

european union

eurozone

question 18
the legal document which created the european union.

question 18 options:

maastricht treaty

treaty of lisbon

question 19
the legal document which amended and consolidated the maastricht treaty and the treaty of rome, and which forms the basis of the current constitution of the european union

question 19 options:

maastricht treaty

treaty of lisbon

question 20
the countries of europe’s southeastern balkan peninsula, including croatia, bosnia and herzegovina, slovenia, serbia, montenegro, kosovo, macedonia, romania, bulgaria, albania, and greece.

question 20 options:

germany

balkins

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