Tradition!
Is Greece a command, market, or traditional country?
What Is Tradition?
Who Is the president of Russia?
What is Putin?
Would Venuezulea be considered as a socialist state? Y O N
Y
A mixed economy combines elements of these 2 economic systems
What are capitalism and socialism?
In a command economy, this entity makes all major economic decisions
What is goverment?
What is the traditional noodle food that hails from Japan?
What is ramen?
Is Cuba
1. A one party state
or
2. A Third party state
(just list the numbers)
1
This political theory advocates for collective and governmental control of the means of production
The US operates under this type of economic system, where both private business and government intervention play roles.
What is mixed economy?
In a command economy, this entity makes all major economic decision
What is the government?
Who do the ancestral traditions of traditional countries come from?
What is Ancestors?
who was the founder of communism
Who is Karl Max
In many socialist economies, industries like healthcare and utilities owned and controlled by this entity
What is goverment?
In a mixed economy this government practice helps regulate businesses to prevent monopolies and protect consumers
What is antitrust regulation?
The former Soviet Union operated under this type of economic system
What is a command economy?
What would be considered a tradition around the world?
1. Old Family Customs
2. New 21st clothing Customs
Old Family Customs
What is another form of communism?
What is anarchy?
This Scandinavian country is often cited as an example of a successful socialist learning welfare state.
What is Sweden?
This economic principle, found in mixed economies, allows private businesses to operate with limited government interference
What is free enterprise?
Unlike market economies, command economies lack this fundamental mechanism that determines prices based on supply and demand
What is competition?
What would be considered an American?
1. 4th of July
2. thanksgiving.
Both
Is Utopianism a form of communism? Y OR N
Y
In socialist economy, wealth is typically redistributed through this system to reduce economic inequality?
What are taxes and social welfare programs?
A mixed economy benefits from government intervention in public services such as this, which ensures roads schools and police services.
What is infrastructure spending?
This East Asian country still follows a strict economy,, with the government controlling nearly all industries.
What is North Korea?