Show:
Economic Systems 1
Economic Systems 2
Incentive
Factors of production
Random
100
A combination of command and market economies which provides goods and services
What is a Mixed Economy
100
Involves bartering (trading)
What is a Traditional Economy
100

True or False:

Intrinsic incentive has been proven more effective for motivating people to perform cognitive problems?

true

100

What factor of production does a worker fall under?

Labor

100

What is the oldest team in the NFL

Cardinals

200
The USA is this type of economy
What is a Mixed Economy
200

The main disadvantage of this type of economy is that it discourages new ideas and new ways of doing things.

What is a Traditional Economy

200

Doing something because it feels good is an example of which motivation

Intrinsic

200

What factor of production does a business man who takes on the risk of business fall under?

Entrepreneur 

200

We are _______________ Bum da dum dum dum dum dum

Farmers

300
Also called a planned economy
What is a Command Economy
300
A system in which production of goods and services is decided by a central government
What is a Command Economy
300

A trophy is an example of which motivation

Extrinsic

300

The tools used to manufacture something

Capital

300

Learner and Rowe can get you more call_____

544-4444

400
Prices in this economy are determined by the supply and demand for goods
What is a Market Economy
400

The way in which a society decides how to use its resources to produce and distribute goods and services

economic system

400

Batman fights crime for fun is an example of_____ Motivation

Intrinsic 

400

Name the four factors of production

Land, Capital, Entrepreneur, Labor

400

Who famously said, "You shall not pass!"

Gandalf

500
Name all four economies
What are Traditional, Market, Command, and Mixed
500

The 3 basic economic questions all countries must ask themselves.

1. What to produce? 2.How to produce it? 3.Whom to produce it for?

500

Going to school because your parents make you is and example or _______ Incentive

Extrinsic 

500

Cow

Land

500

Final Jeopardy question: What does GDP Stand for?

Gross domestic product