the private sector.
A)
In the United States, most of the goods and services we purchase are produced by companies
in the portion of the economy that is not under government control, otherwise known as:
(1 point)
the equilibrium sector.
the black-market sector.
the public sector.
the private sector.
11 answers
A)
Rather than being backed by money, traditional economies generally depend on _____ to
support their economy.
(1 point)
competition and surplus
skills and traditions
bartering and trade
stocks and bonds
Rather than being backed by money, traditional economies generally depend on _____ to
support their economy.
(1 point)
competition and surplus
skills and traditions
bartering and trade
stocks and bonds
bartering and trade.
A)
What two countries still maintain tightly controlled command economies today?
(1 point)
Cuba and North Korea
Libya and Greece
Brazil and Argentina
Indonesia and Japan
What two countries still maintain tightly controlled command economies today?
(1 point)
Cuba and North Korea
Libya and Greece
Brazil and Argentina
Indonesia and Japan
Cuba and North Korea.
A)
What group of individuals devastated the traditional economy of the Inuit by working to ban
seal hunting in Canada, where many Inuit live?
(1 point)
animal rights activists
competing indigenous tribes
whale watchers
Canadian environmentalists
What group of individuals devastated the traditional economy of the Inuit by working to ban
seal hunting in Canada, where many Inuit live?
(1 point)
animal rights activists
competing indigenous tribes
whale watchers
Canadian environmentalists
animal rights activists.
A)
What term can be used to describe ‘limited resources’?
(1 point)
supply
elastic
competition
scarcity
What term can be used to describe ‘limited resources’?
(1 point)
supply
elastic
competition
scarcity
scarcity.
A)
How many nations around the globe have what are referred to as mixed economies?
(1 point)
3
7
15
70
How many nations around the globe have what are referred to as mixed economies?
(1 point)
3
7
15
70