Economic Systems
Australia Economy
Types of Government
Australia Government
Extra Questions
100
Australia’s early Aborigines made economic decisions based on customs or beliefs. This would be an example of a
What is traditional economy
100
Australian Aborigines used this type of economic systems
What is traditional
100

What type of government is ruled by one person, usually the child of the previous ruler?

What is Monarchy?

100

Australia is an example of a ___ democracy. 

What is Parliamentary

100

What type of economy is Australia?

What is a Mixed economy

200
Economy where the government makes the economic decisions.
What is command
200
What is an important role of entrepreneurs in the Australian economy?
What is They provide new jobs for Australian workers
200

What is a type of government in which all eligible members are able to vote on key issues and/or for elected representatives?

What is Democracy

200

Australian citizens do not vote directly for ___

What is Prime Minister
200

What are questions based on in a Command Economy

What is the government

300
• The government has laws to protect private property owners . • Courts enforce laws to protect consumers and businesses. • Prices for goods and services are based on what consumers agree to pay. • The government has few trade barriers such as tariffs and quotas.
What is mixed economy
300

In Australia, _______ is the main factor that determines what is produced

What is Supply and Demand

300

Citizens vote to elect the leader directly.

What is Presidential Democracy

300

This person represents the Queen's interest in Australia.

What is Governor General?

300

Give me an example of a group that had a traditional economic system.

What is Aborigines

400
In a traditional economic system people usually exchange goods or services rather than use money. What is this called?
What is bartering
400
Describe Australia's economy
What is one of the freest economies in the world
400

Citizens only vote for members of the legislature, who then select the Prime Minister

What is Parliamentary Democracy

400

The Prime Minister is the true executive leader of the nation, also known as the ___ Executive

What is Chief?

400

How does a traditional economy base its answers off of.

what is tradition

500
A market economy is very different from a command economy. What is found in a market economy that is not found a command economy?
What is competition or entrepreneurship
500

On a Continuum, where would Australia be placed?

What is close to the Pure Market Economy
500

Explain the difference between Parliamentary and Presidential Democracy

What is Presidential- citizens directly elect leader

Parliamentary- citizens elect members of legislature to then select leader 

500

Australia's political arrangement traces back to Australia's former status as a ___ colony.

What is British
500

What are the 3 questions that economies must answer to determine the type of economy they are?

How, Who and What

M
e
n
u