Economic Systems
People own most businesses and can make their own prices.
What is capitalism?
Things you can buy.
What are goods?
The capital city of Cambodia.
What is Phnom Penh?
The holiday when Americans eat turkey and give thanks.
What is Thanksgiving?
The largest planet in the solar system.
What is Jupiter?
The government owns all factories and sets prices for everything.
What is communism?
Work someone does for money.
What are services?
The capital city of the United States.
What is Washington D.C?
The U.S. became independent from this country in 1776.
What is Great Britain?
This fruit keeps the doctor away if eaten “one a day.”
What is apple?
Public schools and hospitals are free, but private businesses still exist.
What is socialism?
Money a business makes after paying costs.
What is profit?
The largest country in the world by land area.
What is Russia?
A famous Cambodian king who modernized the country in the 19th century and built many temples.
Who is King Norodom?
A famous mouse created by Disney.
Who is Mickey Mouse?
People buy many new things because businesses compete and advertise.
What is consumerism?
Money you borrow and pay back with extra money called interest.
What is a loan or credit?
The river that flows through Phnom Penh and is important for trade.
What is the Mekong River?
Which wall fell in 1989, reuniting East and West Germany?
What is the Berlin Wall?
The first man to walk on the moon.
Who is Neil Armstrong?
This system tries to make sure everyone has access to food, housing, and healthcare.
What is socialism?
How much people want something and how much exists; this can change the price.
What is supply and demand?
Continent with the most countries.
What is Africa?
An international organization created in 1945 to keep peace in the world.
What is the United Nations?
The singer known as the “King of Pop.”
Who is Michael Jackson?