Economic Systems
Factors of Production
Economic Indicators
Government
Random
100
Free to start your on business.
What is Free Enterprise?
100
The Man with the Plan
What is the Entreprenuer?
100
This economic indicator allows us to see how much money people make and is a major indicator of standard of living.
What is GDP/GDP per capita?
100
The type of government where the government has a document that limits the power of the government.
What is a Limited Government
100
This is what we call the part of the earth that is north of the equator
What is Northen Hemisphere?
200
Being able to go to shopping mall would happen in this economic system
What is Free Enterprise
200
A cashier, construction worker, or a computer tech are all examples of whic factor of production.
What is Labor?
200
This economic indicator would look like a society with schools and a well educated population.
What is Literacy Rate?
200
Government that has no trial by jury.
What is Unlimited Government
200
Building your factor/business next to these makes it easier to ship and recieve goods.
What are major waterways (i.e. rivers, lake or oceans)?
300
Communism or a Command Economy is when the economy is controlled by________
What is the Government?
300
Can not be moved and is the place.
What is Land?
300
In a MORE DEVELOPED society this economic indicator is most likely VERY LOW.
What is Infant Mortality Rate?
300
The type of Limited Government where the people are free to vote.
What is a Democracy?
300
This is when a society if made up of many different cultures.
What is Culture Diversity?
400
Democracy is to Free Enterprise as ________ is to Communism
What is Dicatatorship?
400
If you don't this to start your business then your are "broke" Hint: It's not called money
What is Capital?
400
In a LESS DEVELOPED society technology economic indicator would be______.
What is Low or None exsisting?
400
Type of Democracy where people vote for someone to represent them.
What is Representive Democracy?
400
Which of the follow would a church, mosque, and a synogue? A. Political Structures B. Religous Structures C. Geological Structures D. Government Structures
What is B. Religous Structures
500
Also know a Mix Economy
What is Socialism?
500
The use of technology would fall under which factor of production
What is Capital?
500
How long people live as an economic indicator is called.
What is Life Expectancy?
500
This country's revolution influenced France's revolution
What is the American Revolution?
500
The change of a gasolined powered car to an electricty powered car is an advancement in what?
What is technology