Economic Systems
Food
Econ Miscellaneous
Beverages
Snacks
100
No government involvement.
What is pure market economy?
100
Meat in a can.
What is SPAM?
100
The worker, firm, region or country with the lowets opportunity cost of producing an output should specialize in that output.
What is the law of comparative advantage?
100
The Uncola.
What is 7-up?
100
The candy with the cookie crunch.
What is Twix?
200
Total government control.
What is a pure centrally controlled or command economy?
200
Fruit with a lot of potassium.
What is a banana?
200
To be able to make something using fewer resources than other producers required.
What is absolute advantage?
200
The Real Thing.
What is Coca Cola?
200
Betcha can't eat just one.
What is Lays Potato Chips?
300
An economic system that is changing from command to market.
What is a transitional economy?
300
One of these a day is said to keep the doctor away.
What is an apple?
300
Occurs when individuals workers focus on single tasks, enabling each one to be more efficient and productive.
What is specialization?
300
What does the RC in RC cola stand for?
What is Royal Crown?
300
Chester the Cheetah is the spokes-animal for this crunchy snack.
What is Cheetos?
400
Based on customs and religions.
What is a traditioinal economy?
400
Whenever you're feeling good and hungry, it's ____________ time.
What is Skyline?
400
An action that sorts the production process into seperate tasks to be carried out by separate workers.
What is division of labor?
400
Ad icon likes to burst through walls and exclaim, "Oh Yeah!"
What is Kool Aid?
400
The commerical for this candy sang, "You can roll a ________ to your friend."
What are Rollos?
500
Economist who came up with the Invisible Hand Theory.
Who is Adam Smith?
500
Montgomery Inn is famous for these.
What are barbecued ribs?
500
Best description of the type of economy the United States has.
What is a mixed economy?
500
The best part of wakin' up, is _____________ in your cup.
What is Folger's?
500
"Mmmm, mmmm.....good cracker.
What are Ritz crackers?