Types of Economic Systems
Trade Barriers/ETC
S.W.A Economies
Economic growth
Extras
100

What type of economic system is ruled by the government planners? 

Command economy

100
What is a tax on imported goods?
Tariff
100

an organization of oil producing countries (mostly in Southwest Asia) that regulates the supply and price of oil on the world market.

OPEC

100
Citizens annual income per country (part of a countries GDP)

GDP Per Capita

100

What is today? 

Election Day

200

What type of economic system combines private and public enterprise.

Mixed economy
200
What is a limit on imported goods?
Quota
200

What is Turkey's main export? 

Automobiles

200
What is the percentage of the population aged 15 years and over who can both read and write?
Literacy rate
200

to determine the price of one country's currency in terms of another country's currency

currency exchange

300

Which type of economic system does the economy work based on custom.

Traditional economy
300
What is a restriction on all trade?
Embargo
300

What country lies at 64% free on the economic continuum? 

Saudi Arabia

300
What is the degree of wealth and material comfort available to a person or community?
Standard of living
300

The electoral college cast the deciding vote. What is the amount to WIN? 

270+

400

Which type of economic system does the consumers and market choose what to produce, how to produce, and whom to produce it for?

Market Economy 

400

 Economic ______is an efficient way to work and encourages trade among countries.

specialization

400

Which country among Israel, Saudi Arabia, and Turkey has an economy closest to a free market system?

Israel

400
What is the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value?
Human capital
400

What was suggested to limit before going to bed at night? TWO WORDS

Social Media

500

the total value of all goods and services produced within a year in one country

GDP

500

Who takes on the financial risk in starting a new business in a market economy?

Entrepreneur

500

This country is one of the world's leading exporters of polished diamonds. 

Israel

500
What are goods that are used in producing other goods?
Capital goods
500

What holiday is Nov. 11? 

Veteran's Day

M
e
n
u