What to produce, how to produce, for whom to produce
What is the three economic questions.
100
This is the lack of government.
What is an anarchy?
100
This is the type of government of Japan
What is a constitutional monarchy?
100
This is the type of government that China has.
What is communist?
100
India is the largest in the world.
What is a democracy?
200
The government answers all the economic questions
What is a command economy/
200
In this type of government the people decide their leaders.
What is a democracy?
200
This is the type of economy that Japan is leaning toward.
What is a economy leaning toward market?
200
The type of economy that China now has leans towards this
What is market? (40% command 60% market)
200
India is only number 2 ,just behind China, in this.
What is population?
300
The consumers and producers answer the economic questions.
What is a market economy?
300
This government's head is determined by the legislative branch of the government.
What is a parliamentary government?
300
Japan is the only country in the world with this type of head of state.
What is an emperor?
300
Because China has a large workforce and labor is very inexpensive many countries like the U.S. do this.
What is outsourcing?
300
India's film industry is called this.
What is Bollywood?
400
The past, what your ancestors did, answers the three economic questions.
What is a traditional economy?
400
This government's leader's power is restricted by the constitution.
What is a constitutional monarchy?
400
This is who elects the prime minister in japan.
What is the Diet or parliament of Japan?
400
India's economy leans towards this type of economy.
What is a market?
500
This is the type of economy that all countries have because in every country there is a combination of both government control and choices of consumers and producers.
What is a mixed economy?
500
This form of government has absolute control.
An example of this type of government would be that of China and North Korea.